Monetary Theory

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Jeff Bonn

"As long as our central government has the ability to dole out these favors, there will be special interests lining up to receive them."

Jörg Guido Hülsmann

We should not be afraid of deflation. We should love it as much as our liberties.

C.J. Maloney

What is amazing about America circa 2008 is not the citizens' money illusion — history has seen that aplenty — but the utter lack of resistance to it.

Robert Higgs

Inflation has always been, the most dangerous and destructive form of taxation.

Douglas French

Deflation is a "great liberating force," writes Hülsmann, "because it destroys the economic basis of the social engineers, spin doctors, and brain washers."