Never Have The World's Moneys Been So

It Is In War That The State Really Comes Into Its Own: Swelling In Power, In Number, In Pride, In Absolute Dominion Over The Economy And The Society.

The More The Government Intervenes To Delay The Market's Adjustment, The Longer And More Grueling The Depression Will Be, And The More Difficult Will Be The Road To Complete Recovery.

The Natural Tendency Of Government, Once In Charge Of Money, Is To Inflate And To Destroy The Value Of The Currency.

In Short, The Early Receivers Of The New Money In This Market Chain Of Events Gain At The Expense Of Those Who Receive The Money Toward The End Of The Chain, And Still Worse Losers Are The People (e.g., Those On Fixed Incomes Such As Annuities, Interest, Or Pensions) Who Never Receive The New Money.

Unlike Every Other Person And Institution In Society, Government Obtains Its Revenue From Coercion, From Taxation.