| DON YOCHAM
Meddler’s Malice
Every time you hit the aisles of your local grocery store, you make all kinds of tradeoffs.
Maybe you feel like paying up for organic kale today.
You like good cheese, but that grass-fed Irish white cheddar seems a bit steep.
Country ham from the deli counter sliced as thin as your heart desires sounds great, though you grew up just fine on Oscar Meyer bologna.
We constantly make decisions to optimize our spending – some big, some small.
Even the items you buy without thought come with a history of past decisions.
Day in and day out, the only person with any clue as to what makes the most sense for you, given your needs, goals, values, desires, habits, or whatever, stares back at you from the mirror every morning.
But that fundamental truth gets lost on meddlers.
Meddlers know what you SHOULD do because they incorrectly presume an informational advantage. They believe they can make those tradeoffs better than you.
And when persuasion doesn’t work, they also know they can always resort to force.
Their arrogant presumption – Hayek’s fatal conceit – carries an enormous cost that undermines the one tool essential to impose their will.
And your edge in this Game of Wills lies in the fact that you’ll always be free to use that tool against them…
Malignant Money
That tool is currency, fiat currency, to be precise.
U.S. dollars, euros, Yen, Pound Sterling – all major nation-backed currencies – amount to nothing more than “money on demand” for the governing forces behind them.
And as demands for “Unity” from authority’s lofty perch surge higher, so too do their demands for more money to pay for absolute compliance.
The government spending required to impose it’s will results in a tremendous misallocation of resources.
The greater the misallocation, the more authoritarians spend to correct their errors. Which, of course, leads to a fantastic comedy of errors… each compounding the cost of the last.
Like rules nailed to a wall increasingly crowded with rules, government mandates, laws, regulations, emergency initiatives, and executive orders pile up.
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