Historical knowledge is indispensable for those who want to build a better world
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If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.
Liberty is meaningless if it is only the liberty to agree with those in power.
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 the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
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