Economics Archive - Page 2 of 2

Monika Hausammann | Inflationary policy is thus robbery policy in a double sense

"Inflationary policy is thus robbery policy in a double sense: it robs people not only of their ownership of legitimately acquired goods and thus of the core and principle of freedom, but also of their drive to honest, sincere, responsible and sustainable dealings with fellow human beings and resources. Where such is not only not a taboo, but the order of the day, sooner or later ownership of one's own person and body will again be up for debate."

Monika Hausammann

Prof. Wolfgang Berger | I acquired all my academic titles by believing in a false doctrine

"I acquired all my academic titles by believing in a false doctrine. A studied economist understands less about macroeconomics than a cow does about flying, because he first has to dig himself out of a swamp of preconceived opinions and errors in thinking in order to even reach the surface, or to get back to where he was before he let himself be committed to the stupification asylum."

Professor Dr. Dr. Wolfgang Berger

Henry Ford | a revolution before tomorrow morning

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Henry Ford

Thomas Sowell | The welfare state is the oldest con game in the world

"The welfare state is the oldest con game in the world. First you take people's money away quietly and then you give some of it back to them flamboyantly."

Thomas Sowell

John Maynard Keynes | governments can confiscate, secretly and unobserved, an important part of the wealth

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."

John Maynard Keynes

James Paul Warburg | We shall have world government

"We shall have world government, whether or not we like it. The question is only whether world government will be achieved by consent or by conquest."

James Paul Warburg

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