|
2014 May 02
|
"Although gold and silver are not by nature money, money is by nature gold and silver." |
"Governments lie; bankers lie; even auditors sometimes lie: gold tells the truth." |
"Gold is the money of kings;
silver is the money of gentlemen;
barter is the money of peasants;
but debt is the money of slaves." |
|
2014 May 01
|
"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists." |
"Our whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time." |
"As a rule, panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works." |
|
2014 April 30
|
"Anyone who believes in indefinite growth in anything physical, on a physically finite planet, is either mad or an economist." |
"Enjoy present pleasures in such a way as not to injure future ones." |
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final or total catastrophe of the currency system involved." |
|
2014 April 29
|
"The Rules for Liberty
1) Don’t hurt people: Free people just want to be left alone, not hassled or harmed by someone else with an agenda or designs over their life and property.
2) Don’t take people’s stuff: America’s founders fought to ensure property rights and our individual right to the fruits of our labors.
3) Take responsibility: Liberty takes responsibility. Don’t sit around waiting for someone else to solve your problems.
4) Work for it: For every action there is an equal reaction. Work hard and you’ll be rewarded.
5) Mind your own business: Free people live and let live.
6) Fight the power: Thanks to the Internet and the decentralization of knowledge, there are more opportunities than ever to take a stand against corrupt authority." |
|
2014 April 28
|
"That men do not learn very much from the lessons of history
is the most important of all the lessons of history." |
"Only the small secrets need to be protected.
The big ones are kept secret by public incredulity." |
"Prejudices are what fools use for reason." |
|
|
|
