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The Dangers Of Collectivism

Unlike inanimate objects human beings have needs, wants and desires that vary based on gender, ethnicity, religion, culture, race, creed, and the individual. The same individual’s desires can change based on the year, month, week, and even day in question. After knowing an individual for a long period of time one may make certain general predictions based on previous behavioral patterns but even this may be risky. continue reading

Black Friday Is The Crowning Achievement Of Capitalism

Many people enjoy looking down upon other people who choose to partake in the Black Friday sales. This is a tragic reflection of supercilious conceit that some who earn more currency have for those who earn less. It is an unnecessary and thoroughly harmful abhorrence of those who seek to enrich their lives through purchasing goods and services in an attempt to improve their lives. Regardless of one’s income level, we all seek to improve our lives through the patronizing of businesses of our choosing. That people of all different earning ranges can advance the quality of their lives in this manner is the wonder that the market economy brings to humanity. While it may be true that some of this repugnance may stem from the fact that many of those people are on State subsidized welfare programs, this is a thoroughly separate issue as the presence of violently redistributed stolen State funds fundamentally distorts market signals. The fact that entrepreneurs and business owners can be so efficient with their business as to provide such steep discounts is testament to the daily miracles that the market economy showers upon its consumers. If you truly feel pity for those who earn less, do not display this so shamefully with your condemnation of days during which they can partake in the cornucopia of the market economy. Instead devote your energies to helping them further improve their lot by educating them, donating to them, or by opening a business yourself. Add to the accumulated wealth of the world. It is easy criticize and destroy. It is far more difficult to create and innovate. Pay your respects to the magnificent wealth you have inherited from your forefathers. It was amassed through great toil and industry. continue reading

Monetary System: Currency vs. Money, & Hyperinflation

Natural currency is that which is chosen by free and peaceful people to interact in. It is chosen because it has been demonstrated to be of superior value as compared with currencies of the past. The value of currency is its ability to lubricate transactions and facilitate trade. When it no longer effectively serves this function it must and will be summarily abandoned and replaced with a better alternative. continue reading