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Government is the only institution that can take a valuable commod

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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Other Quotes from
Inflation
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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

Category:
Inflation

In spite of the cost of living, its still popular. – Kathleen Norris

Category:
Inflation

One good thing can be said for inflation: without it there would be no football. – Marty Ragaway

Category:
Inflation

Inflation is determined by money supply growth. – Roger Bootle

Category:
Inflation

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