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Quote by Ernest Hemingway
The first panacea for a misguided nation is inflation of the curre

The first panacea for a misguided nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. – Ernest Hemingway

Other quotes by Ernest Hemingway

The only thing that could spoil a day was people. People were always the limiters of happiness except for the very few that were as good as spring itself. – Ernest Hemingway

Category:
Curmudgeonesque
Author
Ernest Hemingway
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Other Quotes from
Inflation
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Having a little inflation is like being a little pregnant. – Leon Henderson

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Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink. – Ludwig von Mises

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Nowadays, a penny saved is ridiculous! – Shelby Friedman

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Imagine believing in the control of inflation by curbing the money supply! That is like deciding to stop your dog fouling the sidewalk by plugging up its rear end. It is highly unlikely to succeed, but if it does it kills the hound. – Michael D. Stephens

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