Few policies are more calculated to destroy the existing basis of a free society than the debauching of its currency. And few tasks, if any, are more important to the champion of freedom than creation of a sound monetary system.
Hans F. Sennholz...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.
Hans F. SennholzPolitical power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power.
Hans F. SennholzThe international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable, and unchangeable. Today, the U.S. dollar serves as the international medium of exchange, managed by Washington politicians and Federal Reserve officials, manipulated from day to day, and serving political goals and ambitions. This difference alone sounds the alarm to all perceptive observers.
Hans F. Sennholz