Inflation: Everyone's illusion of wealth

Inflation: Everyone's illusion of wealth

The first panacea for a mismanaged nation is inflation of the currency. The second is war. Both bring a temporary read more

The first panacea for a mismanaged nation is inflation of the currency. The second is war. Both bring a temporary prosperity. Both bring a permanent ruin.

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as read more

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career

Inflation: Everyone's illusion of wealth.

Inflation: Everyone's illusion of wealth.

Inflation is the senility of democracies.

Inflation is the senility of democracies.

Only one fellow in ten thousand understands the currency question, and we meet him every day.

Only one fellow in ten thousand understands the currency question, and we meet him every day.

I wasn't affected by inflation -- I had nothing to inflate.

I wasn't affected by inflation -- I had nothing to inflate.

Try to save money. Someday it may be valuable again.

Try to save money. Someday it may be valuable again.

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.