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I want to make it clear what I am not saying. I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own.
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
Ruins
Continue
Gold
Saying
Clear
Money
Fiat
Cannot
Indefinitely
Make
Established
More quotes by Murray Rothbard
The State is a gang of thieves writ large - the most immoral, grasping and unscrupulous individuals in any society.
Murray Rothbard
This, by the way, is the welfare state in action: Its a whole bunch of special interest groups screwing consumers and taxpayers, and making them think they're really benefiting.
Murray Rothbard
All government wars are unjust.
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Never have the world's moneys been so long cut off from their metallic roots.
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The natural tendency of the state is inflation. This statement will shock those accustomed to viewing the state as a committee of the whole nation ardently dispensing the general welfare, but I think it nonetheless true.
Murray Rothbard
We libertarians are not the spokesmen for any ethnic or economic class we are the spokesmen for all classes, for all of the public we strive to see all of these groups united, hand-in-hand, in opposition to the plundering and privileged minority that constitutes the rulers of the State.
Murray Rothbard
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
Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.
Murray Rothbard
You don't need a treaty to have free trade.
Murray Rothbard
States have always needed intellectuals to con the public into believing that its rule is wise, good, and inevitable
Murray Rothbard
The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.
Murray Rothbard
Only the State legally obtains its revenue by coercion.
Murray Rothbard
The natural tendency of the state is inflation.
Murray Rothbard
The State thrives on war - unless, of course, it is defeated and crushed - expands on it, glories in it.
Murray Rothbard
The costs of government are bound to be much higher than those of the free market. . .The State cannot calculate well and therefore cannot gauge its costs accurately.
Murray Rothbard
Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
Murray Rothbard
Behind the honeyed but patently absurd pleas for equality is a ruthless drive for placing themselves (the elites) at the top of a new hierarchy of power.
Murray Rothbard
The necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite.
Murray Rothbard
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.
Murray Rothbard
The best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered.
Murray Rothbard