Garet Garrett - GaretGarrett.org
garetgarrett.org merch
Instagram
podcast
Amazon Affiliate Store
facebook

RISE OF EMPIRE: THE ANCIENT DESIGN: II

RISE OF EMPIRE: THE LOST TERRAIN: V

There is no valley to cross to the next height. It is right there. On top of it is the nesting place of the Fallacious Serpent. The spirit of insatiable evil inhabits the serpent; the evil is inflation. Its weapon of defense is an invisible vapor, the effect of which is to cause people to become economic alcoholics, afflicted with the delusion that they can get rich by destroying the value of money. It is no good to think of cutting off its head. It has millions of heads, all in the likeness of human heads, and as fast as they are chopped off others appear in place of them. Moreover, at this point, even in the ranks of the dragon hunters, dissensions will break forth, people saying: "Don't kill him. If he dies deflation will come, and deflation is worse. Only chain him down." At that every one of the heads begins to grin in a most sardonic manner.

The serpent thinks its life is safe and to wiggle out of chains is its morning exercise. There is only one thing to do with the monster. It can be sickened and starved, not to death, because the life in it is immortal, but to a harmless shadow. Its food is irredeemable paper money. Sound money is its poison. Victory here cannot be unconditional. You will have to leave a guard, and then someone to watch the guard, and then keep going back to see.

RISE OF EMPIRE: THE ANCIENT DESIGN: II