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.

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

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

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.

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?

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.

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

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

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as read more

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career

Inflation: Everyone's illusion of wealth

Inflation: Everyone's illusion of wealth