The freedom of the marketplace

The federal government is proliferating in the economy at a logarithmic rate.

The freedom of the marketplace is still the only effective mechanism for eliminating poor business practices, identifying productive investment, and providing long-term growth.

The difference between a Ponzi scheme and the Social Security

What is the difference between a Ponzi scheme and the Social Security?

The firts one is illegal and the second one is legal.

Central banks

Central banks can create infinite quantities of money, at no cost.
So they can reduce its value to nothing without difficulty.

As Robert Mugabe has shown, anybody can run a printing press successfully.

Financial markets are perfect

Financial markets are perfect.

In particular when they are susceptible to boom-and-bust cycles.

Cycles of this sort have been, are and will be perennial with markets.

For addressing the results of these cycles all you need is free enterprise and free market.

To solve economic problems

To solve economic problems you have only two tools: personal responsability and market forces.

Government involvement in economic management is always the origin of an economic crisis.

More government action

More government action is more recession duration.

Let the market solve the problem.

The crisis is due to bad lending and investment decisions.

Commercial failures were compounded by a reliance on excessive leverage, or borrowed money.

That leverage was made even worse by the banks' use of off-balance-sheet vehicles.

Let the market solve the problem.