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

About morals, I know only that what is moral is what you feel good after and what is immoral is what you feel bad after. – Ernest Hemingway

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The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. – John Maynard Keynes

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Having a little inflation is like being a little pregnant. – Leon Henderson

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Remember when $25, 000 was a success? Now it is a garbage collector. – Frank Dane

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The whole recorded history of man is strewn with the wreckage of the great civilizations which have crumbled under price controls; and in forty centuries of human experience, there has never been – Irving S. Olds

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