Essays
About Money, Taxes, and Corporations
Most of the problems in the economy would be solved if the economy was
based on a gold standard.
Interest-Bearing Transactions
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I've long believed that interest-bearing transactions ruin an economy.
However, the economists have enshrined interest-bearing transactions as
being almost sacred.
Liability, Ltd.: Corpus Corporatum or
Corpus Delicti?
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I spent many years trying to discover a remedy for the misbehavior of corporations.
One time I even invoked the Nuclear Regulatory Commission against the General
Electric Company. That created a lot of job security for everybody
except me. Eventually, I learned the answer to the problem.
In principle, it's very simple. Here it is.
When I was a child, my father taught me the definition of money.
During seventeen years of formal education, including a b.s. in nuclear
engineering, I never encountered that information again. Now, I've
discovered that Alan Greenspan agrees with me, or at least he did in the
past. You can read his comments on the subject in his article Gold
and Economic Freedom.
In general, you can't get more value out of a transaction than you put
into it.
Rich Man, Poor Man, Beggar Man, Thief:
A Satirical Essay
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In this amusing essay I proposed a fundamental rationale that explains
everything, almost, maybe.
When you consider that all funds are taxed at least once per transaction,
it's amazing that anybody has any funds at all.
I call it Shadow Taxation. That means that the tax doesn't stand
alone and isn't even called a tax. It falls upon people as a result
of something else that's enacted (so we're told) for a completely different
reason. However, the prominent results are control and revenue.
Don't be surprised if you wake up one morning to discover that the value
of your entire investment portfolio has fallen, overnight, to zero.
They Can Fool Too Many of the People Too Much
of the Time
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I intended, when I began this essay, to prove that fractional reserve banking
increases the amount of cash in circulation. Early in the essay,
I proved the opposite. I also discovered that fractional reserve
banking doesn't really exist and would necessarily destroy itself if it
did exist. Beyond that, I found the existing system to be a sinister
deception. Inflation is only one of its evils. The thing I
least expected to discover but which ought to have been the most obvious
from the very beginning is that none of it would be possible without the
willing cooperation of the people.
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