Hans F. Sennholz Quotes - Page 2

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• If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all.

  Hans F. Sennholz

  Integrity, Income, Return

  12 Copy quote

• The international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable, and unchangeable. Today, the U.S. dollar serves as the international medium of exchange, managed by Washington politicians and Federal Reserve officials, manipulated from day to day, and serving political goals and ambitions. This difference alone sounds the alarm to all perceptive observers.

  Hans F. Sennholz

  Ambition, Order, Differences

  9 Copy quote

• Sound money and free banking are not impossible; they are merely illegal.

  Hans F. Sennholz

  Sound, Banking, Impossible

  4 Copy quote

• Envy is more irreconcilable than hate. It is the most corroding of all political vices and also a great power in our land. The friends of freedom are content to be envied, but envy not.

  Hans F. Sennholz

  Hate, Land, Envy

  4 Copy quote

• 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

  Children, Government, Welfare Programs

  11 Copy quote

• 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

  Benefits, Bankers, Bakers

  4 Copy quote

• 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

  Age, Gold, Littles

  Hans F. Sennholz (1979). “Age of inflation”

  6 Copy quote

• 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

  Honesty, Law, Gold

  Hans F. Sennholz (1979). “Age of inflation”

  10 Copy quote

• An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.

  Hans F. Sennholz

  Eagles, Gold, Guinea

  7 Copy quote

• Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.

  Hans F. Sennholz

  Cancer, Order, Backbone

  4 Copy quote

• 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

  Ignorance, Successful, Simple

  4 Copy quote

• 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

  Successful, Expectations, Growth

  4 Copy quote

• Peace is the natural state of man, war the temporary repeal of reason and virtue.

  Hans F. Sennholz

  War, Men, Virtue

  4 Copy quote

• 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 Free, Quality, Want

  6 Copy quote

• No other commodity enjoys as much universal acceptability and marketability as gold.

  Hans F. Sennholz

  Gold, Commodity, Enjoy

  18 Copy quote

• A monetary order created and managed by politicians and officials is bound to disappoint.

  Hans F. Sennholz

  Order, Politician, Disappoint

  4 Copy quote

• The paper standard is self-destructive.

  Hans F. Sennholz

  Self, Gold, Paper

  6 Copy quote

• 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

  Principles, Imbalance, Action

  4 Copy quote

• ...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.

  Hans F. Sennholz

  Gold, Intensity, Crisis

  Hans F. Sennholz (1979). “Age of inflation”

  8 Copy quote

• 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

  Museums, Long, Gold

  Hans F. Sennholz (1979). “Age of inflation”

  10 Copy quote

• Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis.

  Hans F. Sennholz

  Debt, Way, Braces

  4 Copy quote

• The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements cause budget deficits to soar. The U.S. dollar, which has become a mere corollary of government finance, is likely to survive the soaring deficits.

  Hans F. Sennholz

  Spring, Government, Dollars

  4 Copy quote

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