The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.
Murray RothbardAll interstate wars intensify aggression โ maximize it โฆ some wars are even more unjust than others. In other words, all government wars are unjust, although some governments have less unjust claims.
Murray RothbardThe drum-fire of propaganda that the Fed is manning the ramparts against the menace of inflation brought about by others is nothing less than a deceptive shell game. The culprit solely responsible for inflation, the Federal Reserve, is continually engaged in raising a hue-and-cry about 'inflation,' for which virtually everyone else in society seems to be responsible. What we are seeing is the old ploy by the robber who starts shouting 'Stop, thief!' and runs down the street pointing ahead at others.
Murray RothbardGovernments have persistently tried their best to promote, encourage, and expand the circulation of bank and government paper, and to discourage the people's use of gold itself.
Murray RothbardThe public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.
Murray Rothbard