"A government debt is a government claim against……" — Hans F. Sennholz
"A government debt is a government claim against personal income and private property - an unpaid tax bill."
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Hans F. Sennholz
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19 Quotes by Hans F. Sennholz
Hans F. Sennholz has 19 quotes on this site.
A few more worth reading:
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The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely…
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For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political…
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The paper standard is self-destructive.
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No other commodity enjoys as much universal acceptability and marketability as gold.
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The international monetary order is more precarious by far today than it was in 1929. Then, gold was international money,…
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The gold standard, in one form or another, will prevail long after the present rash of national fiats is forgotten…
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The gold standard sooner or later will return with the force and inevitability of natural law, for it is the…
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Every individual is a potential gold buyer, although he may not need the gold. It may be added to the…
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An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.
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Sound money and free banking are not impossible; they are merely illegal.
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War cannot be driven out by war, for the use of evil breeds more evil, hostility more hostility, and the…
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Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.
See all 19 quotes by Hans F. Sennholz »
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