Inflation Is A Form Of Tax, A

More And More People Are Becoming Aware That Government Has Nothing To Give Them Without First Taking It Away From Somebody Else-or From Themselves. Increased Handouts To Selected Groups Mean Merely Increased Taxes, Or Increased Deficits And Increased Inflation.

In Order That One Industry Might Grow Or Come Into Existence, A Hundred Other Industries Would Have To Shrink.

The Envious Are Not Satisfied With Equality; They Secretly Yearn For Superiority And Revenge. In The French Revolution Of 1848, A Woman Coal-heaver Is Said To Have Remarked To A Richly Dressed Lady: 'yes, Madam, Everything's Going To Be Equal Now; I Shall Go In Silks And You'll Carry Coal.'

Competition Always Tends To Bring About The Most Economical And Efficient Method Of Production. Those Who Are Most Successful In This Competition Will Acquire More Capital To Increase Their Production Still Further; Those Who Are Least Successful Will Be Forced Out Of The Field. So Capitalist Production Tends Constantly To Be Drawn Into The Hands Of The Most Efficient.

The Monetary Managers Are Fond Of Telling Us That They Have Substituted 'responsible Money Management' For The Gold Standard. But There Is No Historic Record Of Responsible Paper Money Management ... The Record Taken, As A Whole Is One Of Hyperinflation, Devaluation And Monetary Chaos.