Value Is Not Intrinsic, It Is Not

Society Is Best Served When The Means Of Production Are In The Possession Of Those Who Know How To Use Them Best.

War Is Harmful, Not Only To The Conquered But To The Conqueror. Society Has Arisen Out Of The Works Of Peace; The Essence Of Society Is Peacemaking. Peace And Not War Is The Father Of All Things. Only Economic Action Has Created The Wealth Around Us; Labor, Not The Profession Of Arms, Brings Happiness. Peace Builds, War Destroys.

In The Capitalist Society There Is A Place And Bread For All. Its Ability To Expand Provides Sustenance For Every Worker. Permanent Unemployment Is Not A Feature Of Free Capitalism.

The Characteristic Feature Of A Free Society Is That It Can Function In Spite Of The Fact That Its Members Disagree In Many Judgments Of Value. Freedom Really Means The Freedom To Make Mistakes.

Inflationism, However, Is Not An Isolated Phenomenon. It Is Only One Piece In The Total Framework Of Politico-economic And Socio-philosophical Ideas Of Our Time. Just As The Sound Money Policy Of Gold Standard Advocates Went Hand In Hand With Liberalism, Free Trade, Capitalism And Peace, So Is Inflationism Part And Parcel Of Imperialism, Militarism, Protectionism, Statism And Socialism.