The most serious dangers for American freedom and the American way of life do not come from without.

Depression is the aftermath of credit expansion.

No increase in the welfare of the member of society can result from the availability of an additional quantity of money.

Society is best served when the means of production are in the possession of those who know how to use them best.

You know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.; you know that all men today enjoy a higher standard of living than your ancestors did before the age of capitalism. But how do you know that you are the one out of ten who would have lived in the absence of capitalism? The mere fact that you are living today is proof that capitalism has succeeded, whether or not you consider your own life very valuable.

[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.

If men do not now succeed in abolishing war, civilization and mankind are doomed.