“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.” SeemsFreedomIssuesEconomicStandardsGoldPersuasionInseparableHystericalAntagonismEconomic FreedomGold Standard Book:Capitalism: The Unknown Ideal Source: Capitalism: The Unknown Ideal
“It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.” FactsCenturyUniqueStandardsGoldObjectivesTendenciesBoardsStabilityCurrencyPassiveBankingInflationNineteenth CenturyCentral BanksGold StandardProminencePrice Stability Author:Paul Volcker
“The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.” FactsActionPoliticalValuesStandardsGoldIndependentSuperiorityPolitical ActionGold Standard Book:On the Manipulation of Money and Credit Source: On the Manipulation of Money and Credit
“You shall not press down upon the brow of labor this crown of thorns; you shall not crucify mankind upon a cross of gold.” GovernmentMankindLaborCrossesGoldPressesCrownsBankersThornsBrowsBryanGold StandardCrown Of Thorns Author:William Jennings Bryan
“You shall not crucify mankind upon a cross of gold.” MankindCrossesGoldBankersThornsBryanGold StandardCrown Of Thorns Author:William Jennings Bryan