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

A beautiful vacuum filled with wealthy monogamists, all powerful and members of the best families all drinking themselves to death. – Ernest Hemingway

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Switzerland is a small, steep country, much more up and down than sideways, and is all stuck over with large brown hotels built on the cuckoo clock style of architecture. – Ernest Hemingway

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To be a successful father… theres one absolute rule: when you have a kid, dont look at it for the first two years. – Ernest Hemingway

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Other Quotes from
Inflation
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What this country needs is a good five cent cigar. – Franklin Pierce Adams

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I wasnt affected by inflation, I had nothing to inflate. – Gerald Barzan

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

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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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The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime. – Karl Rove

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