Hans F. Sennholz Quotes About Gold
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The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.
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The gold standard, in one form or another, will prevail long after the present rash of national fiats is forgotten or remembered only in currency museums.
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...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.
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The paper standard is self-destructive.
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No other commodity enjoys as much universal acceptability and marketability as gold.
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Monetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue... Political control weakens individual self-reliance and energy, causes want and poverty and, in the end, breeds tyranny and oppression.
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An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.
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The gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty.
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For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper.
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The international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable, and unchangeable. Today, the U.S. dollar serves as the international medium of exchange, managed by Washington politicians and Federal Reserve officials, manipulated from day to day, and serving political goals and ambitions. This difference alone sounds the alarm to all perceptive observers.
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Every individual is a potential gold buyer, although he may not need the gold. It may be added to the store of personal wealth, and passed from generation to generation as an object of family wealth. There is no other economic good as marketable as gold.
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