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The whole recorded history of man is strewn with the wreckage of t

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

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Other Quotes from
Inflation
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What this country needs is a good five cent cigar. – Franklin Pierce Adams

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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

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

Category:
Inflation

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. – John Maynard Keynes

Category:
Inflation

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This is a wonderful way to celebrate an 80th birthday… I wanted to be 65 again, but they wouldnt let me – Homeland Security. – Art Buchwald

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