A Quote by Hans F. Sennholz

A monetary order created and managed by politicians and officials is bound to disappoint.

Hans F. Sennholz

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Bound Created Disappoint Monetary Officials Order Politicians

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Hans F. Sennholz
American - Economist
February 3, 1922 - June 23, 2007

The international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable, and unchangeable. Today, the U.S. dollar serves as the international medium of exchange, managed by Washington politicians and Federal Reserve officials, manipulated from day to day, and serving political goals and ambitions. This difference alone sounds the alarm to all perceptive observers.

Hans F. Sennholz

The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating together. As a result of the monetary inflation (when all of the newly created money begins to leave the banks and enter the system), the price inflation will be worldwide.

Peter DeGraaf

Disappoint anyone… hell, disappoint everyone – but don’t ever disappoint yourself.

Treat Williams

I tell you this as a cautionary tale: beware of getting what you want. It's bound to disappoint you.

Jodi Picoult

Any debate among politicians about monetary policy is counterproductive.

Gerhard Schroder

Live long enough and you'll disappoint everyone. People think you're able to help them and usually you can't. And so it becomes a process of choosing the one or two people you try hardest not to disappoint. The person in my life I am determined not to disappoint is you.

Dave Eggers

In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total.

G. Edward Griffin

Long experience, in the United States and in other advanced economies, has demonstrated that monetary policy is most successful when decisions are rendered independent of influence by elected officials.

Jerome Powell

It would be very nice if there were a God who created the world and was a benevolent providence, and if there were a moral order in the universe and an after-life; but it is a very striking fact that all this is exactly as we are bound to wish it to be.

Sigmund Freud

One of my rules is I generally don't talk to elected officials. It's kind of a firewall. I'll talk to staff if they have something of interest. I try to avoid talking to politicians altogether. I mean, to be honest, I don't really find them that interesting. If I want juicy information I talk to staff of the politicians.

Markos Moulitsas

When your mother is made out of your dreams, anything real is bound to disappoint you.

Jodi Picoult

If you can disappoint yourself as much as you love yourself and you still manage to disappoint yourself then why are you shocked when other people that you love disappoint you.

T. D. Jakes

Major international interventions are doomed unless the US is directly or indirectly involved. But if American politicians, officials and servicemen are to be put at risk of arrest and prosecution, the United States will be most reluctant to act in order to curb aggression or prevent genocide. So the effect of the court may well be to diminish, not increase, the numbers of (in the words of the UN Secretary General) 'innocents of distant wars and conflicts'.

Margaret Thatcher

I think politicians know how to misrepresent data in order to support a political agenda. Politicians and the people that work for them - I should say - are expert at that.

Seth Gordon

There wasn't a single day in which the world was created. It's created anew at every moment. The structures of eternity are completely fluid but they are bound together by the mind forming a nexus point so reality comes into being.

Frederick Lenz

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.

Henry Hazlitt

A Quote by Hans F. Sennholz

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