Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.

The Argument from Intimidation is a confession of intellectual impotence.

Do not consider Collectivists as "sincere but deluded idealists". The proposal to enslave some men for the sake of others is not an ideal; brutality is not "idealistic," no matter what its purpose. Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives.

"Mediocrity" doesn't mean average intelligence, it means an average intelligence that resents and envies its betters.

Don't worry. They're all against me. But I have one advantage: they don't know what they want. I do.

If a man speculates on what 'society' should do for the poor, he accepts thereby the collectivist premise that men's lives belong to society and that he, as a member of society, has the right to dispose of them...that psychological confession reveals the enormity of the extent to which altruism erodes men's capacity to grasp the concept of rights or the value of an individual life.

If that's the price of getting together, then I'll be damned if I want to live on the same earth with any human beings! If the rest of them can survive only by destroying us, then why should we wish them to survive? Nothing can make self-immolation proper. Nothing can give them the right to turn men into sacrificial animals. Nothing can make it moral to destroy the best. One can't be punished for being good. One can't be penalized for ability. If that is right, then we'd better start slaughtering one another, because there isn't any right at all in the world!