Wealth must first be created before…

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Wealth must first be created before it can be distributed. Therefore, printing money out of thin air only redistributes the little wealth of ordinary people to those who are closest to the money printers, but no new wealth is created.
Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/
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When CBs print money, more liquidity…

When CBs print money, more liquidity chases the same number of goods, thus prices increase and purchasing power is undermined (=inflation). Inflation is not just a tax, it also makes it impossible to
Free markets had in a short…
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Free markets had in a short…

Free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined. Furthermore, free markets have torn down feudal structures and national narrow-mindedness. Since the