If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all.
Hans F. SennholzThe gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty.
Hans F. SennholzInflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.
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. SennholzIn a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.
Hans F. Sennholz