Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.
It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have it, it requires ten times as much skill to keep it.
The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
When the man is at home, his standing in society is well known and quietly taken; but when he is abroad, it is problematical, and is dependent on the success of his manners.
FORMA PAUPERIS. [Latin] In the character of a poor person - a method by which a litigant without money for lawyers is considerately permitted to lose his case.
Trade it may help, society extend,
But lures the Pirate, ant corrupts the friend:
It raises armies in a nation's aid,
But bribes a senate, and the land's betray'd.
To desire money is much nobler than to desire success. Desiring money may mean desiring to return to your country, or marry the woman you love, or ransom your father from brigands. But desiring success must mean that you take an abstract pleasure in the unbrotherly act of distancing and disgracing other men.
Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal - that there is no human relation between master and slave.