Nobel laureate F. A. Hayek (1899-1992) was one of the world's leading free-market economists and social philosophers.
In this excerpt from an 1984 interview, Hayek warns us that state and money need to be separated in order to prevent the disaster of monetary policy set by the central planners. He anticipates that it would require some "round-about way" to create something, a money that "they can't stop"...
Hayek wrote books such as "The Road To Serfdom" and "Denationalization of Money" which are fundamental to anyone who seeks to understand economics, politics and money.
I don't believe we shall ever have a good currency again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do is, by some sly roundabout way, introduce something they can't stop.
Friederich A. von Hayek
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