Everyone arguing about politics today should give the following some thought:
Property rights are the foundation of money, Mises argued. Property rights provide the legal setting for voluntary exchange. He argued that the development of money was an unplanned outcome of the decisions of individuals who sought to increase their wealth by increasing their productivity.
Individuals have always sought to specialize in those areas of production in which they have a competitive advantage. This advantage may be due to personal skills. It may be due to geographical location. Whatever the origin of the advantage, the individual seeks to exploit this advantage. He specializes in one area of economic production, so that he will have an increased quantity of goods and services to exchange with other individuals, who specialize in those areas in which they have a competitive advantage. Mises argued that out of the barter system came money. A monetary commodity was originally valued for something other than exchange. It may have been sought because it was beautiful. It may have been sought because it had religious significance. Whatever the reasons that people sought to accumulate a particular commodity, this led to the discovery that this particular commodity could be used to facilitate voluntary exchange.
Instead of having to find a buyer for the particular commodity or service that an individual produced, he could exchange his output for a commodity that was widely desired by other members of society. As these exchanges grew in number, this commodity began to attain value as a result of its ability to serve in the process of exchange. What had originally been a commodity valued for some other characteristic increasingly was valued for the purpose of facilitating exchange. In other words, this commodity became money.
As a free-market economist, Mises did not attribute the origin of money to the decision of a civil government. It was not that a particular king or group of nobles decided that it would be convenient if a particular commodity were adopted as money. On the contrary, governments began to extend their control over money because they recognized that they could increase their extraction of wealth from private citizens with greater efficiency if they taxed people's monetary income rather than taxing their individual output. It was easier to collect money and spend it for the purposes of civil government than it was to collect hundreds or even thousands of goods. It was not that the state was the origin of money; it was that money became a tool of the expansion of the state. The state claimed sovereignty over money because it was convenient for the state to gain control over this most central of economic assets.
In short, Mises argued that the free-market social order possesses original sovereignty over money. Any claim by the civil government that it exercises sovereignty over money is not grounded in economic theory or the law of contracts. It is grounded in the desire of civil rulers to extract greater wealth from those under their authority.
Here is Mises' central point: the monetary system is the product of human action, but not human design. This is what is denied by all schools of economic opinion except the Austrian School. All the schools of opinion believe that, for the proper functioning of money, the civil government, because of its inherent sovereignty, must exercise control over money. So, it must have legal authority over money. This means that the law of money, as an extension of the law civil government, is different from the laws governing voluntary economic exchange.
What Is Money? by Gary North
Ask yourself this question:
If your labor, if your efforts, if your ingenuity, if your skill, even your good fortune or reward from those who appreciate you for whatever reason is worth something today.... and that value is expressed in money, and you save that money to some future time, when suddenly that amount you saved is no longer exchangeable for the same thing it was when you saved it---- and this devaluation of the intrinsic value your labor occurred because some elite dispensed or created money out of thin air to reap its benefits which cheapens the value of yours for which you strove---- how is that "fair" ? how is that "equal" ? how is that "justice" ?
All monetary policies that inflate currency are false and doomed to fail... its just that those supporting them are gambling that the fall does not occur during their lifetimes.
International socialists strive to uniformly spread this monetary policy around the whole world because by expanding it, extending it, it delays the time when it wil collapse.
Socialists adopt and exploit the culturally prevalent "christian" ideals of "loving one's neighbor" found in all people, "religious or not" because it is innate to a "survival mechanism" of the species----when in fact, they convince these "college propagandized" pseudo-sophisticate voters their crusades to westernize the African Bushman or Central American jungle dweller or peasant are merely "humanitarian efforts" to improve their material well-being, when actually, they are spreading their economic motives to enslave ever more in a debt cycle of consumerism to prop up their false monetary sytem (of course skimming ever more for their own dynasties along the way)
the hoax of global warming serves the same purpose: Exploit the humanitarian instinct of preservation of the species by demanding through various means an acceptance of a lower std of energy use (std of living) under the guise of "fairness" and "redistribution" of wealth (read: suppression of wealth, uniform extention of poverty) when really, what the ruling elite are accomplishing is that you you use less, yet what you do use will cost you a greater portion of your productive lives than it does now.
Healthcare is the same thing. Once a govt can become the sole purveyor of your very health, indeed, the very air you breathe.. then it has insurmountable advantage and power over you. The effect" extract more of your productivity in exchange for less.
Money is not the "root of all evil" FALSE money is the root of all evil.
Think about it. talk about GREED ! Socialism is GREED personified.