"There is no such thing as 'government investment.' All government spending is consumption spending, not investment. An investor is someone who puts up his own money, takes a risk, and reaps the profits or suffers the losses from his decisions. No politician or bureaucrat ever puts up his own money, takes on any personal risk whatsoever, or is punished with financial losses for his bad decisions. In fact, his bad decisions are routinely subsidized by taxpayers for decades on end with no negative personal consequences to him. ~Thomas J. DiLorenzo
Patriotism Shouldn’t Apply to the Debauched Dollar
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The dangers posed by a paper fiat currency were well-known even in the
early days of the U.S. republic.
34 minutes ago
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