Inflation: Everyone's illusion of wealth

Inflation: Everyone's illusion of wealth

The first panacea for a mismanaged nation is inflation of the currency. The second is war. Both bring a temporary read more

The first panacea for a mismanaged nation is inflation of the currency. The second is war. Both bring a temporary prosperity. Both bring a permanent ruin.

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you read more

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same read more

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.

I wasn't affected by inflation -- I had nothing to inflate.

I wasn't affected by inflation -- I had nothing to inflate.

Try to save money. Someday it may be valuable again.

Try to save money. Someday it may be valuable again.

Inflation is like sin; every government denounces it and every government practices it

Inflation is like sin; every government denounces it and every government practices it

Only one fellow in ten thousand understands the currency question, and we meet him every day.

Only one fellow in ten thousand understands the currency question, and we meet him every day.

How is the human race going to survive now that the cost of living has gone up two dollars a read more

How is the human race going to survive now that the cost of living has gone up two dollars a quart?