The State is dead. It siphoned wealth; polluted the world; corrupted minds; poisoned bodies; and then died under its own weight. In its place, the new Atlantis is rising with its uber-heroes who trade value for value, creating wealth with each transaction.

Good point

People always talk about how California is the 4th largest economy in the world without remembering how it was built -- the dem dominant era since 2010 has been a destroyer of value, not a creator of it. It's just coasting on the foundation laid by red and purple eras. If it continues and drifts further towards progressivism, more and more of the companies, wealth, innovation, and students will continue to move to the red states as we've seen lately with the exodus to Texas and Florida. Nobody smart wants to participate in this madness, and defiling Berkeley like this is shameful and despicable. It doesn't need to be this way, Californians need to wake up and purge progressivism from the state. It doesn't work and it's killing the golden goose that took 150 years to build.

“Those who want to ‘spread the wealth’ almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence. Which is more dangerous, inequalities of wealth or concentrations of power?” — Thomas Sowell

Insightful

Absolutely right

Musk is ironically wrong about what constitutes money. Matter and energy are infinitely abundant in the universe and therefore do not qualify as money. Sound money must have the quality of scarcity.

Inflation is theft. End the Fed, restore sound money.

Chainsaw

They don't want to enrich the poor. They want to impoverish the rich, and use the poor as a pretext.

Let the parents parent.

Debasement

Central banking operates as a legalized monopoly that would make John D. Rockefeller green with envy. When you grant one institution exclusive control over the money supply, you create the most powerful cartel in human history. The Federal Reserve doesn't compete for customers; it simply prints their purchasing power away. Free banking systems operated successfully across multiple countries and time periods before governments monopolized money creation. Scotland from 1716 to 1845 experienced remarkable monetary stability under competitive note issuance. Canadian banks weathered the 1930s depression far better than their American counterparts, partly due to fewer regulatory restrictions. These were real markets serving real people. Competition forces private banks to maintain reserves and honor their commitments. Your local bank can't just conjure money from thin air without consequences. Other banks will demand redemption in specie, creating natural market discipline. When Chase issues too many notes relative to its reserves, Wells Fargo will present those notes for payment. This clearing process keeps everyone honest. Central banks face no such constraints. The Fed creates trillions of dollars without backing, because who exactly will demand redemption? Congress? The Treasury? They're all part of the same wealth extraction scheme. When private banks fail, depositors lose money and investors learn painful lessons. When central banks fail, taxpayers absorb the losses while bureaucrats collect pensions. You live under a monetary system where twelve unelected officials determine interest rates for 330 million Americans. They meet eight times per year in marble halls, adjusting the price of money like Soviet planners setting wheat quotas. Every boom and bust cycle flows from this central planning apparatus that free market thinkers recognized as fundamentally unsustainable over a century ago. Your savings account loses value by design, not accident.

Big brother in the guise of altruism.

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the only system consonant with justice

If a senator raises a point of order the question lands not on the Parliamentarian’s desk but on the desk of the Presiding Officer.

"Gold became money because people valued it first."

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Good thinking