“Paper money in time of war, the new notes will first go into the pockets of the war contractors. 'As a result, these persons' demands for certain articles will increase and so also the price and the sale of these articles, but especially in so far as they are luxury articles. Thus the position of the producers of these articles will be improved, their demand for other commodities will also increase, and thus the increase of prices and sales will go on, distributing itself over a constantly augmented number of articles, until at last it has reached them all.”

“Paper money in time of war, the new notes will first go into the pockets of the war contractors. 'As a result, these persons' demands for certain articles will increase and so also the price and the sale of these articles, but especially in so far as they are luxury articles. Thus the position of the producers of these articles will be improved, their demand for other commodities will also increase, and thus the increase of prices and sales will go on, distributing itself over a constantly augmented number of articles, until at last it has reached them all.”

“The market system is the basis of our civilization. Its only alternative is the Führer principle.”

“The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.”

“Society has arisen out of the works of peace the essence of society is peacemaking. ”

“Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.”

“The attainment of the economic aims of man presupposes peace.”

“Whoever wishes peace among peoples must fight statism.”

“Peace and not war is the father of all things.”

“The worst evils which mankind has ever had to endure were inflicted by bad governments.”

“Economically considered, war and revolution are always bad business.”

“Whoever wants peace among nations must seek to limit the state and its influence most strictly.”