“The more the state ‘plans’ the more difficult planning becomes for the individual.”
― Friedrich A. Hayek
One of the few remaining great things about the United States of America is that it is the United States of America. As originally planned, the federal government was not intended to have the monstrous power it wields today. The states were intended to govern themselves for the most part with occasional aid or guidance from the federal government. We were a nation of somewhat decentralized government. Early on, there was always the threat that if the central government overstepped its bounds, a state or states could secede, thereby weakening the whole. (This of course did eventually happen and led in 1861 to the Civil War, a darker time in history than—dare I say it?—the January 6th Capitol protest, or “insurrection,” as Nancy Pelosi and others of her ilk call it. To twist the words of Mark Twain, the difference between the Civil War and the January 6th “riot” is like the difference between a dragon and a dragon fly. Forgive the digression.)
Centralization benefits the few while decentralization protects the many. Our money is fiat money, meaning it has been thrust upon us and its value determined by a central authority, like, say, a king’s decree or a president’s order. In our case that’s the big brains in Washington, DC, who keep creating dollars out of thin air and pumping them into our economy in order to benefit themselves and their corporate cronies. Other countries do the same. It keeps politicians in power by artificially buoying economies. It benefits their cronies because they access the new money before anyone else and so can invest it in something valuable before inflation devalues it. The devalued money then trickles down to the masses. It’s like a tax, but most of us don’t know this. We just know that our dollars, or euros, or whatever fiat money we use doesn’t seem to buy as much as it used to.
Inflation is here, no matter what the manipulated Consumer Price Index says, or our zombie-in-chief, Joe Biden, or Jerome Powell, or Janet Yellen say. Lumber and other construction materials’ prices have inflated by hundreds of percentage points, which translates to housing prices exploding. It’s happening with food, durable goods, stock prices, fuel, everything. The relatively small “stimmies” (the appropriately cute name for stimulus checks) won’t do much to offset this. This is hush money, and most people seem satisfied with it, happy to get it, while the big shots get billions. Hell, trillions.
Some states, all red ones, of course, are starting to fight back, primarily by opening up again and by refusing more stimulus money in the form of extra unemployment payments, which has disincentivized people from wanting to work. Why would anyone want to work when the government pays you to stay home? That does sound nice, money for nothing, but it’s another nail in the coffin of our economy. If no one works, who makes anything or provides services we need? And who has made this possible? Central authority, the Federal Government, which has now come to resemble a communist Politburo
If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.—Thomas Jefferson
Liberty Quotes (libertytree.ca)
This is what’s happening today, and we have allowed it. It’s past time to fix it. It’s too late. The dollar is moribund. We’ve overprinted it to death. We no longer live in a free market society. We live in a command market society.
How Much Money Was Printed In 2020 Visualized (demonocracy.info)
Easy money is what it’s called, and we are proving it doesn’t work. It’s not easy in the end. It destroys. The only way out is hard money. Hard money will see us through hard times. But it must not be created or controlled by the governments. Governments can’t be trusted. It must be decentralized. It is available, but you have to do your homework to understand how it works. A good place to start is by reading Saifedean Ammous’s book The Bitcoin Standard. Andreas Antonopolous’s YouTube channel is great, too, along with his book series The Internet of Money. But first, read F.A. Hayek’s The Road to Serfdom. It’s prophetic.