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Monetary expansion is a massive scheme of hidden redistribution.

Murray Rothbard

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Murray Rothbard
Age: 68 †
Born: 1926
Born: March 2
Died: 1995
Died: January 7
Activist
Economist
Essayist
Historian
Philosopher
Professor
University Teacher
Writer
The Bronx
New York City
Murray Newton Rothbard
Murray N. Rothbard
Massive
Redistribution
Scheme
Monetary
Schemes
Expansion
Hidden

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Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.
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Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market governments, rather than producing and selling services, live parasitically off the market and off society.
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Positivism eliminates any kind of natural law principle - for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.
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The best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered.
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To those advocates of independent paper moneys who also champion the free market, I would address this simple question: Why don't you advocate the unlimited freedom of each individual to manufacture dollars? If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?
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Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.
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Scratch an egalitarian, and you will inevitably find a statist.
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It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.
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The necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite.
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The state has typically been a device for producing affluence for a few at the expense of many.
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The natural tendency of the state is inflation.
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The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.
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Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves (the elites) at the top of a new hierarchy of power.
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[Professional politicians] don't mind if price controls cause shortages of health care. In fact, they welcome the prospect, because then they can impose rationing they can impose priorities, and tell everyone how much of what kind of medical care they can have. And besides, ... there's that deeply satisfying rush of power.
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You don't need a treaty to have free trade.
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Subjectivism is not an absolute principle it is a necessary but not sufficient condition for sound methodology.
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Only the State legally obtains its revenue by coercion.
Murray Rothbard
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Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
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Unlike every other person and institution in society, government obtains its revenue from coercion, from taxation.
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All government wars are unjust.
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