The Kuyperian Commentary

Politics, Economics, Culture, and Theology with a Biblical Viewpoint

Hayek on Central Banking

I doubt whether it has ever done any good, except to the rulers and their favorites…money is certainly too dangerous an instrument to leave to the fortuitous expediency of politicians. –F.A Hayek, Choice in Currency

Quoted in “End the Fed”, 6.

Advertisements

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: