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Government theft by hidden “inflation tax”

Government theft by hidden “inflation tax”

"By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it...

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Best Economic Quote Ever

Best Economic Quote Ever

"You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take...

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Texas Rules!

Texas Rules!

AUSTIN (Dallas Business Journal) - Mere days after being named tops in job growth by bizjournals.com, Texas has been declared the nation's top exporter by the U.S. Department of Commerce. According to Governor Rick Perry's office, Texas exports totaled $192.14 billion...

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Zimbabwe lops zeros off currency, again

Zimbabwe lops zeros off currency, again

February 2nd, 2009 HARARE, Zimbabwe (CNN) - Zimbabwe slashed 12 zeroes from its currency as hyperinflation continued to erode its value, the central bank announced Monday. Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono said, "Even in the face of current economic...

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