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Gold Standard

All those intent upon sabotaging the evolution toward welfare, peace, freedom, and democracy loathed the gold standard, and not only on account of its economic significance.Human Actionp. 470; p. 473Gold Standard
Every nation, whether rich or poor, powerful or feeble, can at any hour once again adopt the gold standard.Omnipotent Governmentp. 252Gold Standard
Governments deliberately sabotaged it, and still go on sabotaging it.Planning for Freedomp. 185Gold Standard
If we had gold coins in actual daily circulation everywhere in the world . . . the depreciation of gold would . . . not have taken place at all.Money, Method, and the Market Processp. 84Gold Standard
Men have chosen the precious metals gold and silver for the money service on account of their mineralogical, physical, and chemical features. The use of money in a market economy is a praxeologically necessary fact. That gold, and not something else, is used as money is merely a historical fact and as such cannot be conceived by catallactics.Human Actionp. 468; p. 471Gold Standard
The classical or orthodox gold standard alone is a truly effective check on the power of the government to inflate the currency. Without such a check all other constitutional safeguards can be rendered vain.The Theory of Money and Creditp. 495Gold Standard
The excellence of the gold standard is to be seen in the fact that it renders the determination of the monetary units purchasing power independent of the policies of governments and political parties.The Theory of Money and Creditp. 456Gold Standard
The gold standard alone makes the determination of moneys purchasing power independent of the ambitions and machinations of governments, of dictators, of political parties, and of pressure groups.Planning for Freedomp. 185Gold Standard
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.The Theory of Money and Creditp. 461Gold Standard
The gold standard has one tremendous virtue: the quantity of the money supply, under the gold standard, is independent of the policies of governments and political parties. This is its advantage. It is a form of protection against spendthrift governments.Economic Policyp. 65Gold Standard
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