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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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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

The whole recorded history of man is strewn with the wreckage of the great civilizations which have crumbled under price controls; and in forty centuries of human experience, there has never been – Irving S. Olds

Category:
Inflation

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

Category:
Inflation

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

Category:
Inflation

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