Ludwig von Mises Quotes

Money can never circulate freely and actively unless there be absolute confidence in its value.

The most important quality of a currency is its stability.

Economic freedom is a highly desirable state -- but in bust and boom we must be prepared to face the its consequences.

Requiring the Fed to focus on preserving the purchasing power of the dollar will create a solid foundation for economic growth.

True prosperity can only come from a healthy economy and sound money. That can only be achieved in a free society.

What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.

I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.

The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.

I'm for economic independence.

I'm a free-market economist from years and years back, and I've never veered from that.

Think of an economy where people could be an artist or a photographer or a writer without worrying about keeping their day job in order to have health insurance.

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.

As long as you have money to live then it's not a terribly important thing. If you don't have enough to live, then it's very important thing.

Our focus is on ensuring America has the strongest economy in the world for the next 100 years and to do that, we need to get to the role of the Federal Reserve and we need to get it right.

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.

It has a sound and rational circulating medium, a real and definite representative of wealth.

Our system works best if the value of money stays the same.

All the banks in Christendom could not control money.

When all things are considered, it will be found best for the Nation to leave the Borrowers and the Lender to make their own Bargains, according to the Circumstances they lie under

No great nation that ever went off the gold standard ever remained great.

The reason why gold is so unpopular now and also why it was so popular in a bourgeois era is that it imposes restrictions upon governments or bureaucracies that are much more powerful than is parliamentary criticism.

I wasn't terribly short of money. I just decided I didn't ever want to worry where my next dollar was coming from. I'm not anti-American. I wave the flag as much as anybody else.