Never Try To Walk Across A River

There's Only One Thing That All Of The Central Banks Control And That Is The Base, Their Own Liability, And They Can Control That In Various Ways. They Can Control It Directly By Open Market Operations, Buying And Selling Government Securities Or Other Assets, For Example, Buying And Selling Gold, Or They Can Control It Indirectly By Altering The Rate At Which Banks Lend To One Another.

The Free Market Is Not Only A More Efficient Decision Maker Than Even The Wisest Central Planning Body, But Even More Important, The Free Market Keeps Economic Power Widely Dispersed.

If Freedom Were Not So Economically Efficient It Certainly Wouldn't Stand A Chance.

[t]he Burden Of Government Is Not Measured By How Much It Taxes, But By How Much It Spends.

"free Markets" Is A Very General Term. There Are All Sorts Of Problems That Will Emerge. Free Markets Work Best When The Transaction Between Two Individuals Affects Only Those Individuals. Most Often, A Transaction Between You And Me Affects A Third Party. That Is The Source Of All Problems For Government. That Is The Source Of All Pollution Problems, Of The Inequality Problem. This Reality Ensures That The End Of History Will Never Come.