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States Quotes

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States Quotes

“The only way to escape misrepresentation is never to commit oneself to any critical judgement that makes an impact - that is, never to say anything. I still, however think that the best way to promote profitable discussion is to be as clear as possible with oneself about what one sees and judges, to try and establish the essential discriminations in the given field of interest, and to state them as clearly as one can (for disagreement, if necessary).”

“The dreams of "leaving it up to the market" or of returning to a politically neutral gold standard cannot succeed because the nature of the monetary system has a profound impact on the interests of powerful groups and states. Affected groups and states will always try to intervene in the operation of the system to make it serve their interests.”