The popular notion that an increase in the stock of money is socially and economically beneficial and desirable is one of the great fallacies of our time.

The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.

No other commodity enjoys as much universal acceptability and marketability as gold.

Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.

Every businessman enjoying customer patronage, whether he be a baker, banker, or barber is conferring a public benefit, raising production, and reducing unemployment; businessmen earn their livelihood by producing products and rendering services where ever they are needed.

War cannot be driven out by war, for the use of evil breeds more evil, hostility more hostility, and the use of force more force.

For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper.