"The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians"

This quote by Henry Hazlitt highlights the value of restricting the power of political leaders over the monetary system. He thinks that a sound financial system needs to not undergo the impulses of political leaders, as this could lead to instability and financial hardship. He believes that the best way to make sure a steady financial system is to limit the power of politicians over the amount and quality of money. This implies that political leaders must not be able to control the money supply or the worth of cash for their own political gain. Instead, the financial system needs to be managed by independent professionals who are experienced about the economy and can make decisions that are in the very best interest of the public. By restricting the power of politicians over the monetary system, Hazlitt believes that it will be more steady and less prone to adjustment.