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Friedrich August von Hayek Quotes: With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
         

With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.


Friedrich August von Hayek
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Other quotes of Friedrich August von Hayek


The idea of social justice is that the state should treat different people unequally in order to make them equal.

The idea of social justice is that the state should treat different people unequally in order to make them equal.



If socialists understood economics, they wouldn't be socialist.

If socialists understood economics, they wouldn't be socialist.



There is all the difference in the world between treating people equally and attempting to make them equal.

There is all the difference in the world between treating people equally and attempting to make them equal.



'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.

'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.



The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.



[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.



In government, the scum rises to the top.

In government, the scum rises to the top.



Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.

Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.



The more the state "plans" the more difficult planning becomes for the individual.

The more the state "plans" the more difficult planning becomes for the individual.



It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.

It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.





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Here was a king who saw his subjects as peers and allies around whom he had growing up rather than semi-alien entities to be suspected and persecuted.

Here was a king who saw his subjects as peers and allies around whom he had growing up rather than semi-alien entities to be suspected and persecuted.



Everything bad gets shot at in America, says John Cole, and everything good too.

Everything bad gets shot at in America, says John Cole, and everything good too.




Most people hate the taste of beer to begin with. It is however a prejudice that many people have been able to overcome.

Most people hate the taste of beer to begin with. It is however a prejudice that many people have been able to overcome.



A strenuous effort must be made to train young people to think for themselves and take independent charge of their lives.

A strenuous effort must be made to train young people to think for themselves and take independent charge of their lives.




I think, actually, everyone starts out with some strange in them. It's just whether or not you decide to keep it.

I think, actually, everyone starts out with some strange in them. It's just whether or not you decide to keep it.



The true sweetness of wine is one flavor

The true sweetness of wine is one flavor



Make a mark; don't be part of the living dead.

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Never fear the want of business. A man who qualifies himself well for his calling, never fails of employment.

Never fear the want of business. A man who qualifies himself well for his calling, never fails of employment.




Quote Description


This page presents the quote "With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.". Author of this quote is Friedrich August von Hayek. This quote is about money, government, used, gold, history, people, power, plunder, issues,.