"Government is the great fiction through which everybody endeavors to live at the expense of everybody else."
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”
- Alan Greenspan ex-chairman of the Federal Reserve
“I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry.”
- Ben Bernanke ex-chairman of the Federal Reserve
“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose”
-John Maynard Keynes
“I'll tell you what I think about the way
This city treats her soundest men today;
By a coincidence more sad than funny,
It's very like the way we treat our money.
The noble silver drachma that of old we were
So proud of, and the recent gold coins that
Rang true, clean-stamped and worth their weight
Throughout the world, have ceased to circulate.
Instead, the purses of Athenian shoppers
Are full of shoddy silver-plated coppers
Just so, when men are needed by the nation,
The best have been withdrawn from circulation.”
Aristophanes – 400 B.C.
“Even in 400 B.C., as Aristophanes explains, and in ancient Egypt as described in the Old Testament, dishonesty in maintaining sound money coincided with the absence of moral leaders and excesses in foreign military aggression”
– Ron Paul
"Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed."
- Ayn Rand