Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2014-05-05 May 5, 2014Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.~ Milton FriedmanWhen a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.~ Napoleon BonaparteIn finance, everything that is agreeable is unsound.~ Sir Winston Churchill May 2, 2014Although gold and silver are not by nature money, money is by nature gold and silver.~ Karl MarxGovernments lie; bankers lie; even auditors sometimes lie: gold tells the truth.~ Lord Rees MoggGold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.~ Norm Franz May 1, 2014The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.~ Joan RobinsonOur whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.~ John AdamsAs a rule, panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works.~ John Mills Apr 30, 2014Anyone who believes in indefinite growth in anything physical, on a physically finite planet, is either mad or an economist.~ Kenneth BouldingEnjoy present pleasures in such a way as not to injure future ones.~ Lucius Annaeus SenecaThere is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final or total catastrophe of the currency system involved.~ Ludwig von Mises Apr 29, 2014The Rules for Liberty 1) Don’t hurt people: Free people just want to be left alone, not hassled or harmed by someone else with an agenda or designs over their life and property. 2) Don’t take people’s stuff: America’s founders fought to ensure property rights and our individual right to the fruits of our labors. 3) Take responsibility: Liberty takes responsibility. Don’t sit around waiting for someone else to solve your problems. 4) Work for it: For every action there is an equal reaction. Work hard and you’ll be rewarded. 5) Mind your own business: Free people live and let live. 6) Fight the power: Thanks to the Internet and the decentralization of knowledge, there are more opportunities than ever to take a stand against corrupt authority.~ Matt Kibbe Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print