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 the senility of democracies.

Inflation is the senility of democracies.

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?

Inflation is taxation without legislation

Inflation is taxation without legislation

Law of inflation: whatever goes up will go up some more.

Law of inflation: whatever goes up will go up some more.

Inflation: Everyone's illusion of wealth

Inflation: Everyone's illusion of wealth

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.

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

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

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.