Zen and the Art of /.*/

Banktron

Sad, but true…

The Origin and Nature of Money by Hans-Hermann Hoppe (38:16)

The Origin and Nature of Banking by Hans-Hermann Hoppe (42:41)

A pair of speeches given by Hans-Hermann Hoppe about how money and banking came to be. He does a great job of explaining this in an understandable way. After listening to this, you might have a hard time looking at your paper tickets the same way again. You might also come to realize just how much you’re getting ripped off.

In this statement, delivered by Ron Paul on February 13, 2008 to the United States House of Representatives, Dr. Paul proposes three actions the government should take to allow individuals to use private competing currencies:

1. eliminate legal tender laws,
2. eliminate laws that prohibit the operation of private mints, and
3. eliminate capital gains and sales taxes on gold and silver coins.

Faithfully executing these three actions would have wonderful, seemingly miraculous effects. So many of the myriad other problems that we constantly worry about, argue about, and fight to rectify would steadily melt away.