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BIG FED IS BIG GOVERNMENT

机译:美联储是大政府

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摘要

One of the most important functions of constitutional government is to limit the government's power and guide it in useful directions, not for self-aggrandizement. Another is to facilitate sound money, which is at the core of free markets and property rights, central tenets of the rule of law and the ability of a country to attract investment. This is why the current monetary and regulatory regimes' wild excesses are so egregious. The first article of the U.S. Constitution vests in Congress the power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures." Thus, as they created the nation's laws, the Founding Fathers believed that sound money was as important a foundation for economic growth and law as the length of the foot or the weight of the ounce is for consistency in measurement, and that Congress should be responsible for it.
机译:宪政的最重要功能之一是限制政府的权力,并在有用的方向上进行指导,而不是为了自我增强。另一个目的是促进稳健的货币,这是自由市场和财产权,法治的核心原则以及一个国家吸引投资的能力的核心。这就是为什么当前的货币和监管制度如此疯狂地过分的原因。美国宪法的第一条赋予国会权力“铸造货币,调节货币价值和外国硬币,以及确定度量衡标准”。因此,开国元勋们在制定国家法律时就认为,稳健的金钱与经济增长和法律一样重要,因为脚的长度或盎司的重量可以保证计量的一致性,因此国会应该负责为了它。

著录项

  • 来源
    《Forbes》 |2014年第7期|40-40|共1页
  • 作者

    DAVID MALPASS;

  • 作者单位
  • 收录信息 美国《科学引文索引》(SCI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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