It was never supposed to be anything more than a way to trick the proles into accepting an additional (now 15%) tax on their incomes. Also gave every american a handy dandy 9 digit identification number!
‘if you hate modernity so much why don’t you just go and form your own community’
Why do people idealize this
They got what they deserved
it should have been you
30 kids get burned alive by the feds
this retard: lol they deserved it
Ever hear of the Amish?
Not the same
My point exactly. You can walk away from modern society if you want, just don’t force people to give you all their possessions and require them to stay.
The Amish didnt walk away from modern society. They are still forced to pay taxes and be citizens. The state literally forces you to stay, and have you ever heard of civil asset forfeiture?
If there was a secular organization with thousands of employees accused of molesting tens of thousands of kids, paid ~$4 billion in settlements, & instead of firing or punishing the molesters, they just transferred them & covered up their crimes, it’d be permanently shut down amid raging protests
Tbh i have little to no sympathy for the federal workers affected by the shutdown. Their jobs arw not subject to market forces the way most of ours are and this is the closest they will get to a lay off. Welcome to the real world sucks to suck
Read this and you’ll never feel sorry for them again.
Rothbard and Hoppe both believe that fractional reserve banking, even when done by private banks, is, inherently, a form of fraud and a violation of the NAP.
While I agree that fractional reserve banking causes business cycles and market crashes, I think it is a severe stretch to say that it is a form of fraud if it’s common knowledge how a bank works.
“fractional reserve banking causes business cycles and market crashes”
When the government isn’t manipulating interest rates and creating perverse incentives in general, free banking has historically worked quite well.
When consumers were free to choose between full reserve and fractional reserve banking, the latter was more popular since customers preferred to earn interest rather than having to pay storage fees.
Competition and the accountability that came with having no government to bail you out meant that banks had an incentive to lend and invest responsibly. Even rival banks found it in their best interest to cooperate for their own mutual gain as well as to benefit customers.
It’s actually a fascinating empirical example of how spontaneous order works in the real world when governments get out of the way and allow market actors to discover which arrangements are the most socially beneficial.
