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By George Ford Smith “The need to limit the discretion of subordinates is present in every organization.”— Ludwig von Mises, Bureaucracy “General Turgidson, I find…
By George Ford Smith “The need to limit the discretion of subordinates is present in every organization.”— Ludwig von Mises, Bureaucracy “General Turgidson, I find…
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…