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Murray Rothbard Quotes: Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.
         

Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.


Murray Rothbard
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Other quotes of Murray Rothbard


There can be no such thing as 'fairness in taxation.' Taxation is nothing but organized theft, and the concept of a 'fair tax' is therefore every bit as absurd as that of 'fair theft.'

There can be no such thing as 'fairness in taxation.' Taxation is nothing but organized theft, and the concept of a 'fair tax' is therefore every bit as absurd as that of 'fair theft.'



The man who puts all the guns and all the decision-making power into the hands of the central government and then says, ‘Limit yourself’; it is he who is truly the impractical utopian.

The man who puts all the guns and all the decision-making power into the hands of the central government and then says, ‘Limit yourself’; it is he who is truly the impractical utopian.



The State is a gang of thieves writ large - the most immoral, grasping and unscrupulous individuals in any society.

The State is a gang of thieves writ large - the most immoral, grasping and unscrupulous individuals in any society.



The State is, and always has been, the great single enemy of the human race, its liberty, happiness, and progress.

The State is, and always has been, the great single enemy of the human race, its liberty, happiness, and progress.



States have always needed intellectuals to con the public into believing that its rule is wise, good, and inevitable

States have always needed intellectuals to con the public into believing that its rule is wise, good, and inevitable



Equality is not in the natural order of things, and the crusade to make everyone equal in every respect (except before the law) is certain to have disastrous consequences.

Equality is not in the natural order of things, and the crusade to make everyone equal in every respect (except before the law) is certain to have disastrous consequences.



You don't need a treaty to have free trade.

You don't need a treaty to have free trade.



Capitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism.

Capitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism.



The more the government intervenes to delay the market's adjustment, the longer and more grueling the depression will be, and the more difficult will be the road to complete recovery.

The more the government intervenes to delay the market's adjustment, the longer and more grueling the depression will be, and the more difficult will be the road to complete recovery.



There is one good thing about Marx: he was not a Keynesian.

There is one good thing about Marx: he was not a Keynesian.





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Life however is teeming with vitality and is likewise terribly tenacious

Life however is teeming with vitality and is likewise terribly tenacious



If you want to be happy, be wary of focusing on past events and do your best to live in the present.

If you want to be happy, be wary of focusing on past events and do your best to live in the present.



...we must learn -once again- to regard Islam as the norm by which the world is to be judged.

...we must learn -once again- to regard Islam as the norm by which the world is to be judged.



The fear that blocks learning is removed by Love - only then can people be reached

The fear that blocks learning is removed by Love - only then can people be reached



If you are noticing your desires are not coming to fruition, it is time to dive into the unconscious world to discover what other belief may be stronger.

If you are noticing your desires are not coming to fruition, it is time to dive into the unconscious world to discover what other belief may be stronger.



I'll tell you, Quentin Tarantino really writes the most amazing dialogue.

I'll tell you, Quentin Tarantino really writes the most amazing dialogue.



A man's country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle.

A man's country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle.



The shreiking fight or the out-of-character insult endures forever, while the daily sweetness dissolves like sugar in water.

The shreiking fight or the out-of-character insult endures forever, while the daily sweetness dissolves like sugar in water.



Folks, this government isn't too big to fail, it's too big to succeed.

Folks, this government isn't too big to fail, it's too big to succeed.



I'd really like to be in closer contact with life. I'm a little too distant, I guess. I like to place myself outside.

I'd really like to be in closer contact with life. I'm a little too distant, I guess. I like to place myself outside.




Quote Description


This page presents the quote "Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.". Author of this quote is Murray Rothbard. This quote is about money, country, gold, impossible, creating, thin air, air, federal reserve, monopoly,.