Dedicated to the ideals of State's rights, small government, the unregulated truly free market, American individualism and personal freedom.
The power of III
Summum ius summa iniuria--More law, less justice
12 November 2010
As money loses its value, the country crashes. Lesson from Rome.
"Monetary policy therefore always serves, even if it serves badly, the perceived needs of the rulers of the state. If it also happens to enhance the prosperity and progress of the masses of the people, that is a secondary benefit; but its first aim is to serve the needs of the rulers, not the ruled. And this point is central, I believe, to an understanding of the course of monetary policy in the late Roman Empire."