The Stage Is Set

With the death of the dollar, the time is ripe for the institution of a trustworthy monetary system. The times demand it, and so does the survival of our economic and political order.

The task is not difficult, if we ignore—for once—the political pressures from the special interests whose demands are fulfilled through inflation of the money supply. Inflation, whether for the benefit of big companies, bankers, bureaucrats, monopoly wages, transfer payments, or political careers, must be ended. And, as Henry Hazlitt points out, the solution is not difficult: “To stop inflation we must stop inflating (the money supply).”