Business Quotes Home - Woopidoo.com - Info
business motivation quotes
Business and Finance Quotes

Murray Rothbard Quotes

Find a Famous Quote
Murray Rothbard quotes Economy Quotes by Author

Murray Rothbard Biography (Murray Newton Rothbard) : Economist
Famous for : Being an influential player of the Libertarian movement in the United States, his writings on Anarcho-capitalism, and noninterventionism. Rothbard was influenced by Ludwig von Mises and the Austrian school of economists.
Rothbard details : Born - 2nd of March, 1926 New York, United States / Died 7th of January, 1995 New York City, United States of America

::: Home> Business Quotes> List of Murray Rothbard Quotes

Business Quotes by Murray Rothbard Inspiring Quotes by Famous Economist Murray Rothbard

Inflation, being a fraudulent invasion of property, could not take place on the free market.
Murray Rothbard - Fraud - Government -
Inflation - Free Market

The libertarian creed, finally, offers the fulfillment of the best of the American past along with the promise of a far better future. Even more than conservatives... libertarians are squarely in the great classical liberal tradition that built the United States and bestowed on us the American heritage of individual liberty, a peaceful foreign policy, minimal government, and a free-market economy.
Murray Rothbard - Free Market - Government -
America - Liberal - Foreign Policy - Peace - Conservative - Libertarian

Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.
Murray Rothbard - Fraud - Gold -
Federal Reserve - Bankrupt - Money - Monopoly

If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.
Murray Rothbard - Inflation - Government -
Gold - Money - Dollar - Value - Economy - Pound - Currency

The natural tendency of the state is inflation. This statement will shock those accustomed to viewing the state as a committee of the whole nation ardently dispensing the general welfare, but I think it nonetheless true.
Murray Rothbard - Inflation - Government -
Shock - Welfare

Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.
Murray Rothbard - Fraud - Inflation -
America - Federal Reserve - Money - Banks - Central Bank - Fiat Money

It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society.
Murray Rothbard - Free Market - Gold -
Economy - Society

At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
Murray Rothbard - Federal Reserve - Central Bank -
Money - Banks - Power - Fiat Money

Since leaving office in 1977, Dr. Kissinger has continued to play a highly influential role in U.S. politics, in the U.S. media, and in the Rockefeller world empire. It was Kissinger, along with David Rockefeller, who was decisive in the disastrous decision of President Carter to admit the recently toppled Shah of Iran, old friend and ally of the Rockefellers into the United States, a decision that led directly to the Iranian hostage crisis and to Carter's downfall.
Murray Rothbard - America - Government -
Foreign Policy - Iran - Influential - Crisis - Politics - Manipulation - Elite

Kissinger's major, and most lucrative role, has come as head of Kissinger Associates in New York City, founded on a loan obtained in 1982 from the international banking firm of E.M. Warburg, Pincus and Company. Nominally, Kissinger Associates (KA) is an "international consulting firm" but "consultant" covers many sins, and in KA's case, this means international political influence-peddling for its two dozen or so important corporate clients.
Murray Rothbard - America - Foreign Policy -
Influential - Politics - New York City - Loan - Manipulation - Elite - Ruling Class

Governments have persistently tried their best to promote, encourage, and expand the circulation of bank and government paper, and to discourage the people’s use of gold itself.
Murray Rothbard - Money - Government -
Banks - Central Bank - Gold - Encouragement - Currency - Fiat Money - Manipulation

I want to make it clear what I am not saying. I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own.
Murray Rothbard - Gold - Money -
Fiat Money

To those advocates of independent paper moneys who also champion the free market, I would address this simple question: “Why don’t you advocate the unlimited freedom of each individual to manufacture dollars?” If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?
Murray Rothbard - Free Market - Money -
Dollar - Fiat Money - Freedom - Manufacturing

I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. Anarchists oppose the State because it has its very being in such aggression, namely, the expropriation of private property through taxation, the coercive exclusion of other providers of defense service from its territory, and all of the other depredations and coercions that are built upon these twin foci of invasions of individual rights.
Murray Rothbard - Anarchy - Government -
Society - Taxation - Property - Statism

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.
Murray Rothbard - Gold - Money -
Dollar - Pound - Economy - Currency - Oil - Inflation

Quotations by Murray Rothbard Quotations by the American Jewish Economist Murray Rothbard

::: Business Quote Home> Business Leadership Quotes> List of American Businessmen> Writers> Atheists> Political Writers> American Jews> Famous Jewish People> Economists> Activists> Libertarians> Finance Writers

business and finance resources Business Success

Subscribe to receive a motivational business and finance quote three times each week. Includes quotes from International leaders in business, finance, and motivation.
Subscribe
Unsubscribe
Newsletter sponsored by
Wholesale Merchandise Directory
Join us @
follow us on facebook follow us on twitter follow us on google plus
Famous Murray Rothbard Quotes on Economics
Woopidoo Business Quotes
::: Guides ::: Quotes ::: Business Leaders ::: Interviews :::
See also Business Leaders by Profession, by Country, or Alphabetical Listings
Business News - Rich List Reviews - Business Words - Business Books