Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“The essential quality of a free economy is that it cannot be planned. It leaves the solution of problems to the inspiration of the individuals in the untrammeled population. When something approaching a free economy has existed, it has always worked better than the schemes of any planners.”     Thomas H. Barber

February 9, 2009

Drudge Headline Vindicates Libertarian Arguments

by Stephen Gordon

Since the term has been in existence, libertarians have railed against our federal monetary policy, bloated federal budgets and deficit spending.  Today’s headline from the Drudge Report illustrates what we’ve been arguing for years.  Here’s a re-creation scaled for this site:

'Enough to pay off more than 90% of the nation's home mortgages'...



The Monopoly money says it all…

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1 Comment

  1. [...] Cash isn’t even worth as much as the paper it’s printed upon. [...]

    Pingback by Wormhole Politics » Blog Archive » An Economic Crisis Story from the Year 2029 — February 9, 2009 @ 12:05 pm

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