A Quote by Hans-Hermann Hoppe
More paper money cannot make a society richer, of course, it is just more printed-paper. Otherwise why is it that there are still poor countries and poor people around?
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More paper money cannot make a society richer, of course, – it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer.
If you neglect those who are currently poor and stable, you may create more poor and unstable people. There has been a tremendous concentration of donor interest in countries that are seen as particularly fragile - but it becomes harder to mobilise money for sub-Saharan, plain poor countries.
What I've always wished I'd invented was paper underwear, even knowing that the idea never took off when they did come out with it. I still think it's a good idea, and I don't know why people resist it when they've accepted paper napkins and paper plates and paper curtains and paper towels-it would make more sense not to have to wash out underwear than not to have to wash out towels.
If the "rich" were swarming into poor neighborhoods and beating the poor until they coughed up the dimes they swallowed for safekeeping, yes, this would be a transfer of income from the poor to the rich. But allowing taxpayers to keep more of their money does not qualify as taking it from the poor - unless you believe that the poor have a moral claim to the money other people earn.
The problem is this: in order to make money- lots of money- we don't need flawless literary masterpieces. What we need is mediocre rubbish, trash suitable for mass consumption. More and more, bigger and bigger blockbusters of less and less significance. What counts is the paper we sell, not the words that are printed on it.
In my youth, I traveled much, and I observed in different countries, that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.
People might say paper is dead or dying, but actually, it's not at all. It's just more rarified. The choice to send paper has more meaning because of the fact that you don't have to.
The rich nations of the world are acting like ancient usurers, lending money to the desperate poor on terms that cannot possibly be met and, thus, steadily acquiring more and more control over the lives and assets of the poor.
The great question for our time is, how to make sure that the continuing scientific revolution brings benefits to everybody rather than widening the gap between rich and poor. To lift up poor countries, and poor people in rich countries, from poverty, to give them a chance of a decent life, technology is not enough. Technology must be guided and driven by ethics if it is to do more than provide new toys for the rich.
In a system of free trade and free markets poor countries - and poor people - are not poor because others are rich. Indeed, if others became less rich the poor would in all probability become still poorer.
Facebook brings the Internet to Africa and poor countries, but they're only giving limited access to their own services and make money off of poor people. And getting government grants to do that, because they do PR well.
A cynic had defined aid as simply the system by which poor white people in rich countries gave money to rich black people in poor countries to put into Swiss bank accounts.
If you are a poet, you will see clearly that there is a cloud floating in this sheet of paper. Without a cloud, there will be no rain; without rain, the trees cannot grow; and without trees, we cannot make paper. The cloud is essential for the paper to exist. If the cloud is not here, the sheet of paper cannot be here either. So we can say that the cloud and the paper inter-are.
People buy pads all the time, because they want to write stuff down. We're never going to get away from paper, ever. People like writing; that's why more people are writing more real thank-you notes now - not just to stand out, but because there's something about pen to paper, about holding something cool in your hands.
The main issue [of the Scientific Revolution] is that the people in the industrialised countries are getting richer, and those in the non-industrialised countries are at best standing still: so the gap between the industrialised countries and the rest is widening every day. On the world scale this is the gap between the rich and the poor.
Who is affected more when it's cold? Poor people. Who is affected more when it's hot? Poor people. Who is affected more when it's wet? Poor people. Who is most affected when the economy is bad? Poor people. Poor people are the most fragile.
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