The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record of responsible paper money management ... The record taken, as a whole is one of hyperinflation, devaluation and monetary chaos.
Henry HazlittFor every alleged benefit that the politicians confer upon us, they must necessarily deprive us of something else.
Henry HazlittThe government has nothing to give to anybody that it doesn't first take from someone else.
Henry HazlittGovernment-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private enterprise and maximum economic growth.
Henry Hazlitt