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

Sound money and free banking are not impossible; they are merely illegal.

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 gold standard, in one form or another, will prevail long after the present rash of national fiats is forgotten or remembered only in currency museums.

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

Government is rather ill-suited and poorly equipped to alleviate the plight of the poor. It lacks moral rules or standards, and is devoid of basic principles in economic and social matters.