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William H. Keith Jr. Quotes & Sayings

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Famous Quotes By William H. Keith Jr.

William H. Keith Jr. Quotes 1300285

By its nature, government was either small and personal, something on the level of a town hall meeting, or it was tyranny, with the few ruling the many for their own benefit, no matter how representational that government might be in theory. — William H. Keith Jr.

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THE economic consequences of fluctuations in the objective exchange-value of money have such important bearings on the life of the community and of the individual that as soon as the State had abandoned the attempt to exploit for fiscal ends its authority in monetary matters, and as soon as the large-scale development of the modern economic community had enabled the State to exert a decisive influence on the kind of money chosen by the market, it was an obvious step to think of attaining certain socio-political aims by influencing these consequences in a systematic manner. Modern currency policy is something essentially new; it differs fundamentally from earlier State activity in the monetary sphere."
Author: Ludwig Von Mises

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