Lew Rockwell on why the gold standard is so important to the cause of peace and liberty:
The first conference hosted by the Mises Institute was on the gold standard. How well I can recall the names we were called in Washington, DC. Reactionaries, Neanderthals, irrelevant to the modern debate, worshipers of a barbarous relic, throwbacks, pipe dreamers, and the rest: all designed to make us all shut up about the most important issue in modern political life.
But we cannot afford to shut up, and the desire of so many agents of the regime to change the subject only proves its importance. So long as government can fund itself by printing paper, it will continue to wreck the economy and our freedom. It is the most critical tool leviathan has, so it is the most important one to take away.
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Tuesday, June 3, 2008
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