Hans F. Sennholz famous quotes

Last updated: Sep 5, 2024

A government debt is a government claim against personal income and private property - an unpaid tax bill.
-- Hans F. Sennholz

#Government #Liberty #Bills
War cannot be driven out by war, for the use of evil breeds more evil, hostility more hostility, and the use of force more force.
-- Hans F. Sennholz

#War #Evil #Use
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.
-- Hans F. Sennholz

#Men #Two #Years
To reverse the trend and reduce the role of government in our lives, and thus alleviate the government deficit and inflation pressures, is a giant educational task. The social and economic ideas that gave birth to the transfer system must be discredited and replaced with old values of individual independence and self-reliance. The social philosophy of individual freedom and unhampered private property must again be our guiding light.
-- Hans F. Sennholz

#Educational #Philosophy #Self
No other commodity enjoys as much universal acceptability and marketability as gold.
-- Hans F. Sennholz

#Gold #Commodity #Enjoy
...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.
-- Hans F. Sennholz

#Gold #Intensity #Crisis
Peace is the natural state of man, war the temporary repeal of reason and virtue.
-- Hans F. Sennholz

#War #Men #Virtue
Freedom is the quality of being free from the control of regulators and tax collectors. If I want to be free their control, I must not impose controls on others.
-- Hans F. Sennholz

#Being Free #Quality #Want
Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.
-- Hans F. Sennholz

#Honesty #States #Source
Unfortunately, it is not in the power of government to make everyone more prosperous. Government can only raise the income of one person by taking from another.
-- Hans F. Sennholz

#Government #Income #Raises
Sound money and free banking are not impossible; they are merely illegal.
-- Hans F. Sennholz

#Sound #Banking #Impossible
An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.
-- Hans F. Sennholz

#Eagles #Gold #Guinea
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.
-- Hans F. Sennholz

#Gold #Needs #Generations
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.
-- Hans F. Sennholz

#Honesty #Law #Gold
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.
-- Hans F. Sennholz

#Museums #Long #Gold
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.
-- Hans F. Sennholz

#Ambition #Order #Differences
The paper standard is self-destructive.
-- Hans F. Sennholz

#Self #Paper #Standards
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.
-- Hans F. Sennholz

#Age #Littles #Folly
Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insi
-- Hans F. Sennholz

#Freedom #Honesty #People

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