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2026 April 09
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"I wasn't worth a cent two years ago, and now I owe two million dollars." |
"[R]evenues drive expenditures, not the inverse. ... tax evasion represents a net benefit to everybody ... A statue should be erected to the unknown tax evader." |
"Ask the first man you meet what he means by defending freedom, and he'll tell you privately he means defending the standard of living." |
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2026 April 08
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"The creation of money exclusively as debt is the critical, destabilizing flaw in the American Economy." |
"Wars in old times were made to get slaves. The modern implement of imposing slavery is debt." |
"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves." |
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2026 April 07
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"The apportionment of taxes on the various descriptions of property is an act which seems to require the most exact impartiality; yet there is, perhaps, no legislative act in which greater opportunity and temptation are given to a predominant party to trample on the rules of justice. Every shilling which they overburden the inferior number is a shilling saved to their own pockets." |
"Historians and economists are very good at creating and perpetuating myths that justify increasing the power placed in the hands of government." |
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2026 April 06
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"Thinking to get at once all the gold the goose could give, he killed it and opened it only to find - nothing." |
"Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future." |
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it." |
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