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

I write one page of masterpiece to ninety-one pages of [$h¡t]. I try to put the [$h¡t] in the wastebasket. – 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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What this country needs is a good five cent cigar. – Franklin Pierce Adams

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

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