Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system … - Llewellyn Rockwell

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I've never stopped being Argentine, and I've never wanted to. I feel very proud of being Argentine, even though I left there. I've been clear about this since I was very young, and I never wanted to change. Barcelona is my home because both the club and the people here have given me everything, but I won't stop being Argentine.

Llewellyn Rockwell

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

Business, Cheer, Economists, Entire, Money, School

Same Author Quotes

Profit is a signal that valuable services are being rendered to people on a voluntary basis.

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Subsidies create more of whatever is being subsidized.

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To centralize power in the name of freedom is akin to putting a crime syndicate in charge of rooting out corruption. It is the normal state of politics that the more centralized it is, the more damage it does. Fast-track authority [for government-to-government trade agreements] centralizes power and is therefore part of the problem.

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Libertarianism is a theory of politics that is so compelling that once you have absorbed it, it becomes the lens through which you end up understanding all economic and political events.

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In education, it is said that the state must impose schooling on all children, else the parents and communities will neglect it. Only the state can make sure that no child is left behind. The only question is the means: will we use the union and bureaucracies favored by the left, or the market incentives and vouchers favored by the right. I don't want to get into a debate about which means is better, but only to draw attention to the reality that these are both forms of planning that compromise the freedom of families to manage their own affairs.

Children, Incentives, Mean, Neglect, Reality, State