| |
 | Gary Dorsch - SirChartsAlot |
The Emergence of The US Petro-Dollar  |
| Trying to pick a profitable trade in the foreign exchange market is similar
to judging a "reverse beauty" contest, that is to say, the winner is the least
ugly currency at any given moment in time. All paper currencies are ugly, because
central bankers print vast quantities of fiat currency, to varying degrees,
at the behest of the ruling political elite that appointed them to run the
printing presses. "By this means, government may secretly and unobserved, confiscate
the wealth of Wednesday, September 17, 2014 |
|
 | Frederic Bastiat |
| Robbery by Subsidy |
| This little book of fallacies is found to be too theoretical, scientific, and metaphysical. Be it so. Let us try the effect of a more trivial and hackneyed, and if necessary, a ruder style. Convinced that the public is duped in this matter of protection, I have endeavored to prove it. But if outcry is preferred to argument, let us vociferate, "King Midas has a snout, and asses' ears."[1]
A burst of plain speaking has more effect frequently than the most polished circumlocution. You remember OronFriday, November 23, 2012 |
|
| Frederic Bastiat |
| Immense Discovery |
| At a time when everybody is bent on bringing about a saving in the expense of transport — and when, in order to effect this saving, we are forming roads and canals, improving our steamers, and connecting Paris with all our frontiers by a network of railways — at a time, too, when I believe we are ardently and sincerely seeking a solution of the problem of how to bring the prices of commodities, in the place where they are to be consumed, as nearly as possible to the level of their prices in theThursday, September 13, 2012 |
|
