chunkyboyser on Nostr: “If governments budget their revenues and expenditures, so must criminals. Where a ...
“If governments budget their revenues and expenditures, so must criminals. Where a government levies taxes; criminals extract their own brand of coerced levies.
Where a government issues fraudulent or fiat money, criminals may counterfeit. It should be understood that praxiologically there is no difference between the nature and effects of taxation and inflation on the one hand, and of robberies and counterfeiting on the other. Both intervene coercively in the market to benefit one set of people at the expense of another set. But the govt imposes its jurisdiction over a wide area, and usually operates unmolested. Criminals on the contrary, usually impose their jurisdiction on a narrow area only; and generally eke out a precarious existence.”
-Murray N. Rothbard
Man, Economy, & State
Where a government issues fraudulent or fiat money, criminals may counterfeit. It should be understood that praxiologically there is no difference between the nature and effects of taxation and inflation on the one hand, and of robberies and counterfeiting on the other. Both intervene coercively in the market to benefit one set of people at the expense of another set. But the govt imposes its jurisdiction over a wide area, and usually operates unmolested. Criminals on the contrary, usually impose their jurisdiction on a narrow area only; and generally eke out a precarious existence.”
-Murray N. Rothbard
Man, Economy, & State