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The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard it is its main excellence.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Party
Main
Purchasing
Makes
Changing
Doctrines
Money
Ambition
Ambitions
Political
Standards
Defects
Power
Independent
Parties
Pressure
Standard
Gold
Excellence
Groups
Doctrine
Defect

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As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.
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The living is not perfect because it is liable to change the dead is not perfect because it does not live.
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The egalitarian doctrine is manifestly contrary to all the facts established by biology and by history. Only fanatical partisans of this theory can contend that what distinguishes the genius from the dullard is entirely the effect of postnatal influences.
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