Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.
- Ludwig von Mises - Topics: Socialism, Liberalism, Inflation, Gold.
Socialism works fine until you run out of someone else's money.
- Margaret Thatcher - Topics: Tax, Socialism, Government.
An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole doctrine of interventionism collapses when this fountain is drained off. The Santa Claus principle liquidates itself.
- Ludwig von Mises - Topics: Tax, Socialism, Government, Debt.
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