The nation is prosperpus on the whole, but how much prosperity is there in a hole?

The nation is prosperpus on the whole, but how much prosperity is there in a hole?

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.

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

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.

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.

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

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

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

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

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

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