HENRY HAZLITT "ECONOMICS IN ONE LESSON"
The progress of civilization has meant the reduction of employment, not it´s increase. It is because we have become increasingly wealthy as a nation that we have been able to eliminate a lot of labor.
The real question is not how many millions of jobs there will be ten years from now, but how much shall we produce, and what, in consequence, will be our standard of living?
There is nothing free market about the Federal Reserve and nothing free market about the economy that stands on it´s sunken shoulders.
Without space for competing currencies, the invisible hand is bound and cuffed, unable to feel around in the dark, to set reliable prices. Value is distorted, malinvestment promoted.
In the end you get unpredictable stock market volatility, and a dollar shaved to within 1/1,500 th of it´s life.
The solution? End the Federal Reserve.
Wishful thinking, you say? Well, until such a time comes to pass, here´s another suggestion: "Buy gold, be happy!"
LÄS HELA ECOMOMICS IN ONE LESSON HÄR!
Gammalt kinesiskt ordspråk: "Människan oroar sig för tusen år men lever bara i hundra"
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