“The secret to freedom lies in educating people, whereas the secret of tyranny in is keeping them ignorant.”
― Robespierre
Written by Bryan Lutz, Editor at Dollarcollapse.com:
In every genre, or school of thought there are, so to speak – Supertexts.
These texts lay the foundational thoughts for the discipline or category of knowledge.
For example, James Turk & John Rubino’s books, The Collapse of the Dollar(2004), and The Money Bubble(2013) are certainly important.
I read both of them through, highlighting many key sentences before I started here at Dollarcollapse.com, and before I had the opportunity to meet John Rubino over zoom.
I read them with anticipation hoping to understand his position for the past twenty years.
That’s why, for anyone new to this list there are five or so books, I recommend to every newcomer.
One is The Money Bubble.
Because it explains the reason why the US dollar is collapsing in an easy-to-read way that anyone can understand.
Everyone should read it…
But it is not a Supertext.
The book builds on the foundational principles others have said before and applies it to the current situation:
Empires and powerful governments are attracted to fiat money. Fiat always fails.
So naturally, the fiat-based USD, gone global, will fail.
Here’s an example of a Supertext:
This past month the Mises Institute honoured the 75th Anniversary of one particular supertext.
It’s called Human Action by Ludwig Von Mises. It was first published in German in 1940, and then in English in 1949.
Human Action is a Supertext because it is “the best defense of capitalism ever written,” according to the Mises Institute. Whether you are a beginner or an “expert,” Human Action has something for you. Anyone wanting to understand economics should thoroughly study Human Action.
I say this not as a proponent of Austrian Economics, but in the interest of the real subject of the book, capitalism.
That being said, Human Action will give you a philosophical and practical understanding of capitalism, free-market economics, and individualism.
Once you read it, every other text just becomes a re-iteration, or variation of what’s already been said.
That’s the value of Supertexts.
