This article originally appeared in The Dollar Vigilante and was soon after run on ZeroHedge.

Gandhi was once asked, “What do you think about Western Civilization?” to which he famously replied “I think it’s a good idea.” He may as well have been talking about free market capitalism.

Capital in the 21st Century has hit the world like a new teen idol sensation.…

My band, The Parkdale Hookers, just released this video off our new record Echo Bubble Overdrive.

BoingBoing called it “A great punk anthem”. If I get hit by a bus tomorrow I won’t have to worry about “dying with my music inside me”, as this song and the video pretty much says all I have to say.…

I must confess that I am getting a little worried about you
and everyone else that is reading this email. I believe the
stock market is going to continue to rally a bit more here.

It may go up another month or two or three in fact.

The S&P 500 closed at a new all-time high the other
day.…

Yes, you read that correctly.

How could the destruction of the single, largest chunk of the bitcoin economy be good for bitcoin, and good for free markets?

How can a market value of anywhere between 20% and 30% of the dollar value of entire bitcoin economy going up in smoke  prove, finally, beyond a shadow of a doubt that purely free markets, unregulated from government intervention are superior in all ways to  government regulated, centrally planned economies?…

It sends a chill down your spine when you hear the news that somebody you had just met at a conference a few months ago, a like minded individual representing a global movement you are  in complete alignment with, was just arrested on federal money laundering charges,

The crime? Charlie Shrem, CEO of Bitinstant and Vice Chairman of the Bitcoin Foundation allegedly sold bitcoins to Silk Road users and then they used them to buy illicit drugs.…

The grotesque side-effects of years-upon-years of ZIRP are beginning to peek out from under the proverbial carpet that policy makers and apologists have continually swept them.

The easiest way to think of present-day monetary policy is as a coordinated centrally planned effort to suspend consequences by edict in a profound King Canute episode of economic folly.…