Ludwig von Mises Quotes about Gold

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The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.

The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.

Ludwig von Mises

Independent, Political, Gold

Ludwig Von Mises (1978). “On the Manipulation of Money and Credit”, Dobbs Ferry, N.Y. : Free Market Books

As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.

Ludwig von Mises

Government, Gold, Height

Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

Ludwig von Mises

Years, Gold, Quota

Ludwig Von Mises (2008). “Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses”

If one takes pleasure in calling the gold standard a "barbarous relic," one cannot object to the application of the same term to every historically determined institution. Then the fact that the British speak English - and not Danish, German, or French - is a barbarous relic too, and every Briton who opposes the substitution of Esperanto for English is no less dogmatic and orthodox than those who do not wax rapturous about the plans for a managed currency.

Ludwig von Mises

Speak English, Gold, Facts

"The Gold Standard". Excerpt from chapter 17 of "Human Action, The Scholar's Edition", book by Ludwig von Mises, mises.org. 1949.