Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insi
Hans F. SennholzThe gold standard, in one form or another, will prevail long after the present rash of national fiats is forgotten or remembered only in currency museums.
Hans F. SennholzThe transfer society is forever testing the bounds of patience of taxpayers. Having reached the limit and still facing loud demands for more benefits, it resorts to deficit financing.
Hans F. SennholzMonetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue... Political control weakens individual self-reliance and energy, causes want and poverty and, in the end, breeds tyranny and oppression.
Hans F. Sennholz