Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.
Frank ChodorovAll wars come to an end, at least temporarily. But the authority acquired by the state hangs on; political power never abdicates.
Frank ChodorovJust what part does the State play in production to warrant its rake-off? The State does not give; it merely takes.
Frank Chodorov