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.

Centers of unionism are also the centers of unemployment.

...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.

Every individual is a potential gold buyer, although he may not need the gold. It may be added to the store of personal wealth, and passed from generation to generation as an object of family wealth. There is no other economic good as marketable as gold.

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.

Unfortunately, it is not in the power of government to make everyone more prosperous. Government can only raise the income of one person by taking from another.

To reverse the trend and reduce the role of government in our lives, and thus alleviate the government deficit and inflation pressures, is a giant educational task. The social and economic ideas that gave birth to the transfer system must be discredited and replaced with old values of individual independence and self-reliance. The social philosophy of individual freedom and unhampered private property must again be our guiding light.