Monetary Discipline Quotes

While I live I will never resort to irredeemable paper.

The way forward is for governments to consciously pursue monetary and fiscal stability through setting clear objectives, establishing proper rules, and requiring openness and transparency - the new rules of the game.

America has to ask itself not what it wants, but what it can afford.

Monetary discipline forces fiscal discipline on the politicians as well.

We couldn't spend $91 billion if we wanted to.

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.

Basically, I'm a fiscal conservative.

I think the only thing that really can be done - it would be painful, but less painful than the calamity we're heading toward - is to demand that people be responsible for their private obligations. No more bailouts, no more stimulus, no cash for clunkers.

One capability every business is expected to have is the capability to make money. It requires a certain kind of discipline, a certain kind of mindset.