the monetary system

Now look, inflation is theft, and when they are looking for a positive inflation number so that they can issue more bonds to the central bank, that is just plain stupid. We are funding their rubbish moves!

Cireulus in probando

We know about God from the Bible; and we know we can trust it because it is the inspired word of God

Farmers benefit from price supports on beef; shoemakers gain from supports on shoes, and so on. Obviously the whole economy would
benefit if all products were subsidized.
(The point is that farmers and shoemakers only benefit if they are in a
small group which benefits at the expense of everyone else. If the
principle is extrapolated, everyone receives the subsidies, everyone
pays the taxes to fund them, and everyone loses out to the bureaucrats
who administer the transfers.)