...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.
Hans F. SennholzMost politicians are ever eager to regulate industrial and commercial activity and strike at the economic elite with confiscatory taxation. Unfortunately, regulation and taxation tend to hamper economic activity, inhibit productivity, and depress levels of living.
Hans F. SennholzA monetary order created and managed by politicians and officials is bound to disappoint.
Hans F. SennholzModern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries.
Hans F. Sennholz