We should not underestimate the enormity of the task which lies ahead. But little can be achieved without sound money. It is the bedrock of sound government.

Remember, George, this is no time to go wobbly.

The larger the slice taken by government, the smaller the cake available for everyone.

There can be no liberty unless there is economic liberty.

I do believe that political arrangements which are based upon violence, intimidation and theft will eventually break down - and will deserve to do so.

We shall take whatever action is necessary to contain the growth of the money supply. The government, unlike so many of its predecessors, will face up to economic realities.

Whether it is in the United States or in mainland Europe, written constitutions have one great weakness. That is that they contain the potential to have judges take decisions which should properly be made by democratically elected politicians.