Denationalisation of Money -The Argument Refined Quotes

“The root and source of all monetary evil is the government’s monopoly on money.”
― Friedrich Hayek, Denationalisation of Money -The Argument Refined

“There is no answer in the available literature to the question why a government monopoly of the provision of money is universally regarded as indispensable. ... It has the defects of all monopolies.”
― Friedrich Hayek, Denationalisation of Money -The Argument Refined

“The extent of the control over all life that economic control confers is nowhere better illustrated than in the field of foreign exchanges. Nothing would at first seem to affect private life less than a state control of the dealings in foreign exchange, and most people will regard its introduction with complete indifference. Yet the experience of most continental countries has taught thoughtful people to regard this step as the decisive advance on the path to totalitarianism and the suppression of individual liberty. It is in fact the complete delivery of the individual to the tyranny of the state, the final suppression of all means of escape—not merely for the rich, but for everybody. Once the individual is no longer free to travel, no longer free to buy foreign books or journals, once all means of foreign contact can be restricted to those whom official opinion approves or for whom it is regarded as necessary, the effective control of opinion is much greater than that ever exercised by any of the absolutist governments of the seventeenth and eighteenth centuries.”
― Friedrich A. Hayek, Denationalisation of Money: The Argument Refined

“XXIII. PROTECTION AGAINST THE STATE”
― Friedrich A. Hayek, Denationalisation of Money: The Argument Refined