The Way To Get A Maximum Rate

The Monetary Managers Are Fond Of Telling Us That They Have Substituted 'responsible Money Management' For The Gold Standard. But There Is No Historic Record Of Responsible Paper Money Management ... The Record Taken, As A Whole Is One Of Hyperinflation, Devaluation And Monetary Chaos.

The Essential Function Of The State Is To Maintain Peace, Justice, Law, And Order, And To Protect The Individual Citizen Against Aggression, Violence, Theft, And Fraud.

There Are Men Regarded Today As Brilliant Economists, Who Deprecate Saving And Recommend Squandering On A National Scale As The Way Of Economic Salvation; And When Anyone Points To What The Consequences Of These Policies Will Be In The Long Run, They Reply Flippantly, As Might The Prodigal Son Of A Warning Father: 'in The Long Run We Are All Dead.' And Such Shallow Wisecracks Pass As Devastating Epigrams And The Ripest Wisdom.

A Vital Function Of The Free Market Is To Penalize Inefficiency And Misjudgment And To Reward Efficiency And Good Judgment. By Distorting Economic Calculations And Creating Illusory Profits, Inflation Will Destroy This Function.

The Solution To Our Problems Is Not More Paternalism, Laws, Decrees, And Controls, But The Restoration Of Liberty And Free Enterprise, The Restoration Of Incentives, To Let Loose The Tremendous Constructive Energies Of 300 Million Americans.