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

No other commodity enjoys as much universal acceptability and marketability as gold.

An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.

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

A 'social justice' society is a conflict which locks beneficiaries and victims alike in a struggle without end. It becomes a society torn apart by resentment over the wealth of capitalists.

Redistribution divided society into two social classes: the beneficiaries of transfer, who are calling for ever more; and the victims, who submit unwillingly. It could hardly fail to injure social peace and harmony.

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.