Hans F. Sennholz Quotes - Page 2

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• 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

  Gold, Needs, Generations

  12 Copy quote

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

  Hans F. Sennholz

  Gold, Commodity, Enjoy

  18 Copy quote

• Monetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue... Political control weakens individual self-reliance and energy, causes want and poverty and, in the end, breeds tyranny and oppression.

  Hans F. Sennholz

  Self, Political, Gold

  11 Copy quote

• 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

  Increase, Notion, Fallacy

  4 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

• 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

• 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

• 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

• 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

  Loss, Government, Temptation

  4 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

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

  Hans F. Sennholz

  Order, Politician, Disappoint

  4 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

• The paper standard is self-destructive.

  Hans F. Sennholz

  Self, Gold, Paper

  6 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

• 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

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

  Hans F. Sennholz

  War, Men, Virtue

  4 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

• 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 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

• 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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