Austro-Libertarian Natural Order Philosophy From Indyeah

Individualistic Austro-Libertarian Natural Order Philosophy From Indyeah

Monday, August 1, 2011

The BATTLE For Honest, Sunnah Money Is NOT For The Faint-Hearted



When Ludwig von Mises proposed marriage to Margit, he was brutally frank about what she could expect if she accepted. He said:


I will write a great deal about money, 
but never make too much of it myself.

This turned out to be absolutely true. He was broke when they reached New York, and Hayek, from London, mailed him a vintage copy of The Wealth of Nations, so that he could sell it to a collector, and survive for a while. Henry Hazlitt invited him to write a few editorials - and Mises was paid just $10 for each of them.


I have been writing about MONEY (and not "monetary policy") for a very long time. My first book, published in 2000, Antidote: Essays AGAINST The Socialist Indian State, contains an essay on money, sub-titled "Why private money is the only sound money" - but my thoughts have developed far beyond that essay written so long ago, thanks especially to my study of the works of Ludwig von Mises. My best so far is the one in my 2007 book Natural Order: Essays Exploring Civil Government & The Rule of Law, which reflects the study of the works of Jesus Huerta de Soto, and this essay can be read online by scrolling down the right-hand bar.


As far as newspaper articles on the subject go, the most historic is my "False Currency," which was published in The Times of India the very day that George W Bush landed in Nude Elly! You read this article here.


Then, there is my "Funny Money," also from The Times of India, which can be read here. There are also two columns on the subject I wrote for Mint: the first argues for "A Return to the Gold Standard"; and the second argues "The Case for Private Money." If I may add, for the record, that shortly after these columns were published, the editor was changed, and the new one discontinued my columns, thereby causing me financial loss, and since then Mint has been publishing opinions by IMF-types.


So, as with Mises, so with me:



I will write a great deal about money, 
but never make too much of it myself.

So, do NOT think I am broke because I blow up cash on booze and dope. Perish the thought. I do no such thing. I am broke because I uphold Honest, Sunnah Money; because I uphold Truth and Justice; because I oppose Corrupt Money & Banking.

Our poor people get poorer because of paper money inflationism, which erodes their precious Capital. Under such circumstances, savers lose, while borrowers gain. Simultaneously, de-civilisation occurs. I oppose all this.

Today, I have just received communication offering me a column in a new journal on governance - and I have happily accepted. A small advance is being put into my bank account soon.

All that I would like to add is that whatever credit is being extended to me by some establishments - like this Internet shop; like the tea shop; and the beer & whiskey shop, be continued - for I shall soon be able to repay all dues.

I shall also shift to a new hotel - and things will be fine.

One thing has upset my mood, though - and that is the fact that my good friend, the sadhu, has disappeared.

I trust he will soon be back where he always was, and that we will enjoy good times together.

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