A monetary order created and managed by politicians and officials is bound to disappoint.
Hans F. SennholzWherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insi
Hans F. SennholzFor more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper.
Hans F. SennholzThe 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.
Hans F. Sennholz