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.

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you read more

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.

Inflation: Everyone's illusion of wealth

Inflation: Everyone's illusion of wealth

Inflation is like sin; every government denounces it and every government practices it

Inflation is like sin; every government denounces it and every government practices it

Inflation: Everyone's illusion of wealth.

Inflation: Everyone's illusion of wealth.

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.

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same read more

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

Law of inflation: whatever goes up will go up some more.

Law of inflation: whatever goes up will go up some more.