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Ludwig von Mises Quotes: Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.
         

Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.


Ludwig von Mises
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Other quotes of Ludwig von Mises


Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.



The worst evils which mankind has ever had to endure were inflicted by bad governments.

The worst evils which mankind has ever had to endure were inflicted by bad governments.



[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics



The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.



Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.



The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.



If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.



The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.



Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.



Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.





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Surrender is the only path to supernatural living.

Surrender is the only path to supernatural living.



My dad was a truck driver. We all used to ride along with him. And the way he'd keep awake was to sing while he was going down the road. So we all joined in.

My dad was a truck driver. We all used to ride along with him. And the way he'd keep awake was to sing while he was going down the road. So we all joined in.



My parents offered me the idea of ceilinglessness. There was no limit in terms of what was possible; no messages sent to me to say that I couldn't do anything.

My parents offered me the idea of ceilinglessness. There was no limit in terms of what was possible; no messages sent to me to say that I couldn't do anything.



I don't read reviews and I don't know what to do with opinions, so I just lose them. They take up space, they become a process of manufacturing a persona, which I want to avoid.

I don't read reviews and I don't know what to do with opinions, so I just lose them. They take up space, they become a process of manufacturing a persona, which I want to avoid.



My aspirations for this country would be on the scope of what Franklin Roosevelt brought to this country in 1932 when he saw a nation that was broken economically.

My aspirations for this country would be on the scope of what Franklin Roosevelt brought to this country in 1932 when he saw a nation that was broken economically.



God himself does not give answers. He gives himself.

God himself does not give answers. He gives himself.



The person who gives selflessly in this lifetime immediately goes into a better state of mind. That is instant karma.

The person who gives selflessly in this lifetime immediately goes into a better state of mind. That is instant karma.



You're certainly not alone in your megalomania. Everyone feels that way-and for good reason. Because it's true!

You're certainly not alone in your megalomania. Everyone feels that way-and for good reason. Because it's true!



Good behavior is everybody's business, and good taste can be everyone's goal.

Good behavior is everybody's business, and good taste can be everyone's goal.



Buying cheap to save money is like stopping the clock to save time. Neither works.

Buying cheap to save money is like stopping the clock to save time. Neither works.




Quote Description


This page presents the quote "Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.". Author of this quote is Ludwig von Mises. This quote is about money, government, gold, law, quality, coins,.