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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Inflation is the crabgrass in your savings. – Robert Orben

Category:
Inflation

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

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

Category:
Inflation

What this country needs is a good five cent cigar. – Franklin Pierce Adams

Category:
Inflation

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Big-government proponents embrace both the power of the federal government and the idea that millions of Americans ought to be dependent on its largesse. Its time to return to our Founders love for small government. More is not always better. – Gary Bauer

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