My friend Oak Norton has a nice little writeup on Taxation and the Monetary Policy that I found to be a very worthwhile mental exercise. I’ll try to summarize it here for you. Scenario 1: Let’s assume that the tax rate is a flat 10%. One dollar ($1.00) is put into circulation and that one [...]
Monthly Archive for February, 2009
Random Quote
"Enlighten the people, generally, and tyranny and oppressions of body and mind will vanish like spirits at the dawn of day."-Thomas Jefferson, letter to Dupont de Nemours, April 24, 1816Recent Comments
- Eric on Who owns the gold at Fort Knox?
- D on Who owns the gold at Fort Knox?
- Steve G. on Who owns the gold at Fort Knox?
- John Gustafson on Who owns the gold at Fort Knox?
- Great and poignant points on April Fools Joke from the U.S. Census Bureau
Categories
Archives
Tags
Administration