Thursday, 29 August 2002
Hugo Salinas Price
Another great measure would be for Bank of Mexico to use excess dollar reserves to purchase silver, which could then be minted into one ounce coins with no nominal value
Thursday, 29 August 2002
Hugo Salinas Price
General Santa Anna clearly recognized that inflation of the money supply is a violation of the right of property, because it leads to the pillaging of the population through the shrinking purchasing power of the coin
Tuesday, 13 August 2002
Hugo Salinas Price
We absolutely can have no national sovereignty when we use the currency of another country, as our own. It is specially serious that we are in fact using the dollar as our currency, when the dollar itself is not a real currency, but only an artificial unit, lacking any intrinsic worth
Wednesday, 22 May 2002
Hugo Salinas Price
The trade deficit will be, and has to be substantially reduced at the very least, if not eliminated. That requires the devaluation of the dollar. There is no other way. And that can only be achieved, through the mechanism of the price of gold
Wednesday, 17 April 2002
Hugo Salinas Price
From the very instant when free coinage of silver ounces with a floating value is announced, a wave of optimism and hope will rise up among the people