Doug Casey Famous Quotes
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Fear is being used by the political class as an excuse to accumulate more power and self-importance - and collect a lot more taxes to support their agenda.
Trusting the government with money creation is like trusting a drunk with a whiskey factory.
Government sponsors untold waste, criminality and inequality in every sphere of life it touches, giving little or nothing in return.
Do all that you say you are going to do and don't aggress against other people or their property. That's the whole of the law. I can live with a law like that.
The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.
So-called 'higher education' is a veritable magnet for second-raters and actively destructive parasites bent on promoting unsound ideas to the inexperienced and gullible. The concentrate in areas like social studies, literature, and art - where opinion reigns supreme. And I find their opinions almost universally appalling.
People who buy government debt deserve to be punished and taught a lesson
The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of.
Global warming is the most prominent form of mass hysteria raging across the world today.
The thought of how far the human race would have advanced without government simply staggers the imagination.
All these people who think they deserve free health care, or a job, or a plasma screen TV, simply because they radiate heat at 98.6 degrees, or because they were born in a certain place, or because they have a certain skin color - it's all bunk. There's no such thing as a 'just' wage. There's only what you earn.
Democracy is no solution - it's just 51% bossing the other 49% around. For God's sake, Hitler was democratically elected! Democracy is just mob rule dressed up in a coat and tie.
Government intervention in the economy - through taxes, regulation and, most importantly, currency inflation - causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression - wherein the entire sickly structure comes unglued.
Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be durable, which is why wheat isn't money; divisible which is why works of art are not money; consistent which is why real estate isn't money; convenient, which is why lead isn't money; value in itself, which is why paper shouldn't be money. Gold answers to all these criteria.
