Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.

Inflation is always and everywhere a monetary phenomenon.

If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition subsidies.

If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If it's an unattractive place, it will have a relatively low exchange rate. Those are the fundamentals that determine the exchange rate in a floating exchange rate system.

Government is a way by which every individual believes he can live at the expense of everybody else.

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

People hired by government know who is their benefactor. People who lose their jobs or fail to get them because of the government program do not know that that is the source of their problem. The good effects are visible. The bad effects are invisible. The good effects generate votes. The bad effects generate discontent, which is as likely to be directed at private business as at the government.