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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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I wasnt affected by inflation, I had nothing to inflate. – Gerald Barzan

Category:
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

Inflation is determined by money supply growth. – Roger Bootle

Category:
Inflation

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

Category:
Inflation

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