Money and Banking

When it comes to matters such as the theory of evolution and stem-cell research, so-called liberals—i.e., socialists who have stolen the name that

There is no absolute monetary stability, never has been, and never can be. Economic life is a process of perpetual change.

Building wealth, not manufacturing money, is the key to prosperity.

From The Quarterly Journal of Economics, Volume 50, Number 2 (February 1936).

From the

The Austrians began with the actions of the individual. Economic value, for example, consisted of the valuations made by choosing individuals, and prices resulted from market interactions based on these valuations.

From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.

From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.

But as long as people can be led to believe that running the printing press and issuing fiduciary media can substitute for saving and capital accumulation as a way to achieve prosperity and create wealth — or, yes, prosecute a war — government will continue to get away with this particularly insidious and underhanded form of expropriation.

From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.