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 one form of taxation that can be imposed without legislation.

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

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

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

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.

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.

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

The nation is prosperpus on the whole, but how much prosperity is there in a hole?

The nation is prosperpus on the whole, but how much prosperity is there in a hole?

Inflation is taxation without legislation

Inflation is taxation without legislation

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.