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Imagine believing in the control of inflation by curbing the money

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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Other Quotes from
Inflation
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Nowadays, a penny saved is ridiculous! – Shelby Friedman

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Inflation

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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Inflation

There are plenty of good five cent cigars in the country. The trouble is they cost a quarter. – Franklin Pierce Adams

Category:
Inflation

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

Category:
Inflation

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