Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. Hans F. Sennholz More Quotes by Hans F. Sennholz More Quotes From Hans F. Sennholz Government is rather ill-suited and poorly equipped to alleviate the plight of the poor. It lacks moral rules or standards, and is devoid of basic principles in economic and social matters. Hans F. Sennholz plightgovernmentprinciples Few policies are more calculated to destroy the existing basis of a free society than the debauching of its currency. And few tasks, if any, are more important to the champion of freedom than creation of a sound monetary system. Hans F. Sennholz championimportantsound Government welfare programs contribute to the disintegration of poor families. They make women and children dependent on government; dependent for food, for clothing, for shelter; and reward fatherless families with extra benefits and welfare perks. Hans F. Sennholz welfare-programsgovernmentchildren ...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises. Hans F. Sennholz intensitycrisisgold The paper standard is self-destructive. Hans F. Sennholz papergoldself 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 goldagelittles Every businessman enjoying customer patronage, whether he be a baker, banker, or barber is conferring a public benefit, raising production, and reducing unemployment; businessmen earn their livelihood by producing products and rendering services where ever they are needed. Hans F. Sennholz bakersbenefitsbankers There is no escape from the vast imbalances in international trade and finance. They will be corrected, sooner or later, by the inexorable principles that govern human action. Hans F. Sennholz imbalanceprinciplesaction When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting. Hans F. Sennholz governmenttemptationloss 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 generationsgoldneeds When all the mysticism is stripped away, the people who comprise the government (the legislators, administrators, judges, and policemen), are guided by human interests, desires, beliefs, notions, and prejudices, just like other people. They have neither superhuman wisdom nor extraordinary virtue. Hans F. Sennholz governmentjudgingpeople Under the influence of collectivist ideologies, many politicians and journalists are ever eager to strike at successful entrepreneurs who earn much more than they do. It is difficult to ascertain their motives; it can be simple envy which consumes many men, or it can be economic ignorance. Hans F. Sennholz ignorancesuccessfulsimple Peace is the natural state of man, war the temporary repeal of reason and virtue. Hans F. Sennholz virtuemenwar 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-freequalitywant In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U.S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations. Hans F. Sennholz growthsuccessfulexpectations Sound money and free banking are not impossible; they are merely illegal. Hans F. Sennholz bankingsoundimpossible 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 honestygoldlaw 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 goldmuseumslong The popular notion that an increase in the stock of money is socially and economically beneficial and desirable is one of the great fallacies of our time. Hans F. Sennholz fallacyincreasenotion An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles. Hans F. Sennholz guineaeaglesgold
