In 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...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.
Hans F. SennholzInflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.
Hans F. Sennholz