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The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.

Ludwig von Mises

Related Topics

Abolish Collapse Country Gold Government Inflation Order Pave Wave

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Freedom really means the freedom to make mistakes.
LUDWIG VON MISES

Freedom Make Mean Mistake
They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
LUDWIG VON MISES

Constitution Direct Freedom Government Illusory Law Market Other System
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
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Common Country Entrepreneur Higher Man Men Number Standard
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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Corollary Economic Government Market Political Representative Socialism
The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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Doe Giving Government Somebody Truth
The fundamental law of the market is: the customer is always right.
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Customer Fundamentals Law Right
A higher standard of living also brings about a higher standard of culture and civilization.
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Civilization Cultural Higher Living Standard
If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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Bless Dream Enlightenment Eternal Happiness Live Mean Possible State
Taxing profits is tantamount to taxing success.
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Profit Success Tantamount Tax
Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
LUDWIG VON MISES

Arbitrary Cog Complement Complex Fiscal Government Gradually Inflation Institution Lead Policies Statism
The Welfare State is merely a method for transforming the market economy step by step into socialism.
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Market Misery Socialism State Step Transform Welfare
The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom.
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Call Freedom Liberal Popular Press Religion Speech Though Today
They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
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Bless Bureau Clerk Garden Man Promise Subordinate Transform
Liberty is always freedom from the government.
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Always Government Liberty
He who serves the public best, makes the highest profits.
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Best Highest Make Profit Public Service
Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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Archive Bless Breath Breathe Dream Know Miracle Moment

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