Comments on: Samizdata quote of the day http://www.samizdata.net/2013/02/samizdata-quote-of-the-day-253/ A blog for people with a critically rational individualist perspective Wed, 19 Jun 2013 03:43:16 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Paul Marks http://www.samizdata.net/2013/02/samizdata-quote-of-the-day-253/#comment-296055 Paul Marks Fri, 22 Feb 2013 14:10:57 +0000 http://www.samizdata.net/?p=16814#comment-296055 Well if one follows big government policies (either of Welfare State or war) one is going to need to finance the policies. And taxation attracts some resistance.

So the state borrows the money, and the state want to borrow at the lowest interest rates it can.

And monetary expansion (via Central Banking) is the normal way to reduce interest rates.

Thus fiscal policy (government spending) and monetary policy (“low interest rates”) are linked.

]]> By: Alsadius http://www.samizdata.net/2013/02/samizdata-quote-of-the-day-253/#comment-295725 Alsadius Thu, 21 Feb 2013 19:36:39 +0000 http://www.samizdata.net/?p=16814#comment-295725 So in order to get gold back, we need to first kill socialism? And you guys say that this will happen in the next few years?

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