Financial quotes by Friedrich A. Hayek

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 A. Hayek - Topics: Inflation, Government, Fiat Currency, Bitcoin, Monetary Policy.

I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

- Friedrich A. Hayek - Topics: Monetary Policy, Inflation, Government, Fiat Currency.

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

- Friedrich A. Hayek - Topics: Economist.

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

- Friedrich A. Hayek - Topics: Money, Inflation, Government, Fiat Currency, Cryptocurrency, Central Bank, Bitcoin, Banking System.

We shall not grow wiser before we learn that much that we have done was very foolish.

- Friedrich A. Hayek - Topics: Economist.

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