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To: Alex who wrote (74950)	8/13/2001 10:43:23 PM
From: lorne	Respond to of 116767

This is not an exhaustive reference by any means and we hope to add to it in future. Much of the contemporary thinking is gleaned from Jude Wanniski's Supply Side University. Quotable. 08/13/2001 "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation." (Alan Greenspan) "No major country would tolerate the discipline of a real, effective gold standard." (Milton Friedman) "There is no justification in history for the existing position of a government monopoly of issuing money." (FA Hayek) "The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion - policemen, customs guards, penal courts, prisons, in some countries even executioners - had to be put into action in order to destroy the gold standard. " (Ludwig von Mises) Full story >>> mips1.net