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Notable Quote

"I don't believe that we shall ever have good money again before we take the thing out of the hands of government. Because we can't take them violently out of the hands of government, all we can do is by some sly or round-about way introduce something they can't stop."

— Hayek, Friedrich

From play_circle An Interview with F. A. Hayek (1984)

Context: On the necessity of removing government monopoly over money, from a 1984 interview in Freiburg, West Germany

Topics

monetization_on Sound Money gavel Government Intervention air Freedom currency_exchange Monetary Theory