Political power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power.

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

The paper standard is self-destructive.

Monetary 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.

Centers of unionism are also the centers of unemployment.

The 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.

A monetary order created and managed by politicians and officials is bound to disappoint.