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

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

The disease is painless; it's the cure that hurts.

The disease is painless; it's the cure that hurts.

Inflation: Everyone's illusion of wealth.

Inflation: Everyone's illusion of wealth.

Inflation is the one form of taxation that can be imposed without legislation.

Inflation is the one form of taxation that can be imposed without legislation.

If inflation continues, the two-car garage will be replaced by the two-family garage.

If inflation continues, the two-car garage will be replaced by the two-family garage.

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

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

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

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

Inflation is taxation without legislation

Inflation is taxation without legislation