The history of mankind is the history of money losing value.

To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.

So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.

Concentrated power is not rendered harmless by the good intentions of those who create it.

One of the great mistakes is to judge policies and programs by their intentions rather than their results.

The facts never speak for themselves. They have to be interpreted in terms of some understanding of where they come from and what the relation between them is.

So that the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free-enterprise system.