Fundamentals
Jim Hlavac
Fundamentals
Sections
Money

Money is labor

Only labor can create more real money

Money created by government through inflation is not backed by labor

The supply of money is as expandable as the supply and productivity of labor

Limit the amount of labor, its supply or productivity, and you will limit the amount of money

To take someone's money is to take there labor

To entitle one person to another's money is to entitle one person to another's labor

Money can come in any form any two individuals decide

The less one group in society controls the supply of accepted forms of money the less
control it can have and the less it can steal either money or force labor

The creation of inflation by government is to devalue the labor of all within the nation