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I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate.

Murray Rothbard

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Murray Rothbard
Age: 68 †
Born: 1926
Born: March 2
Died: 1995
Died: January 7
Activist
Economist
Essayist
Historian
Philosopher
Professor
University Teacher
Writer
The Bronx
New York City
Murray Newton Rothbard
Murray N. Rothbard
Begin
Paper
Currencies
Turn
Disintegrate
Turns
Coins
Future
Increasingly
May
Currency
Great
Silver
People
Gold

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Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.
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Absolute freedom need not be lost as the price we must pay for the advent of civilization men are born free, and need never be in chains. Man may achieve liberty and abundance, freedom and civilization.
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It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.
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All interstate wars intensify aggression – maximize it … some wars are even more unjust than others. In other words, all government wars are unjust, although some governments have less unjust claims.
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The state has typically been a device for producing affluence for a few at the expense of many.
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The best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered.
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Monetary inflation not only raises prices and destroys the value of the currency unit it also acts as a giant system of expropriation.
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There can be no truly moral choice unless that choice is made in freedom similarly, there can be no really firmly grounded and consistent defense of freedom unless that defense is rooted in moral principle.
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Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.
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The State provides a legal, orderly, systematic channel for predation on the property of the producers.
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The concept of life and perfection is incompatible. BUT so is death and perfection
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The necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite.
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Capitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism.
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Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.
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Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money as the commodity providing the most stable and desirable monetary medium.
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After the Volcker Fund collapsed, I got another grant from the Lilly Endowment to do a history of the U.S., which I worked on from 1962-66. The original idea was to take the regular facts and put a libertarian assessment on everything.
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On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers.
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Liberty and morality had to win their way slowly over many centuries, until finally expanding liberty made possible the great technological advance of the Industrial Revolution and the flowering of modern capitalism.
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The natural tendency of the state is inflation.
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Only the State legally obtains its revenue by coercion.
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