|
| "This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
Thanks. I've wondered now for a long time, however, how to deal with the seemingly inescapable conclusion that a very few people end up with all the gold? Of course, even with massive money creation now, I'm wondering about the same thing . . .
| |
|
Economic Freedom
