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Words have meaning, and definitions can become ambiguous and 'slippery.' Language naturally evolves as words change over time, but frequently a key meaning is lost and there is no longer a single term to define a notion. This has been the case with the term 'inflation,' a prevalent one.
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Keynesian programs hurt the things they were meant to help. The United States is the best example of this. A few years ago, in 2021, I talked to Judy Shelton. She told me that the recovery would be much better without the stimulus package, and she was right. Massive government spending and creating more money have hurt the economy and made people poorer.
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Economics is all about the value of missed chances.
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Some claim that this is not a tax because of definitional difficulties, yet it seems appropriate to term it a tax when government action transfers wealth from a group of people to themselves.
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Some people say that you can't trust the free market with your money, but that's not true at all. The government is the one who makes money troubles.
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Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
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The lesson of the story is that you should know when to spend and when to save. Here's what money experts don't spend a lot of money on and why.
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Government currency monopolies…can thus be understood as part of the tax system [and reflect] the preference of the fiscal authorities.
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Here are some ways to save money.
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It's not a secret that people who make a lot of money try to hide it from the IRS. How and where they do it, though, is often a secret.