Via Survival
"What is the meaning of a gold standard and a redeemable currency? It
represents integrity. It insures the people’s control over the
government’s use of the public purse. It is the best guarantee against
the socialization of a nation. It enables a people to keep the
government and banks in check. It prevents currency expansion from
getting ever farther out of bounds until it becomes worthless. It tends
to force standards of honesty on government and bank officials. It is
the symbol of a free society and an honorable government. It is a
necessary prerequisite to economic health. It is the first economic
bulwark of free men."
-- Walter E. Spahr, Professor of Economics at New
York University
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