Inflation: Everyone's illusion of wealth

Inflation: Everyone's illusion of wealth

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.

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 is the senility of democracies.

Inflation is the senility of democracies.

If inflation continues, the two-car garage will be replaced by the two-family garage.

If inflation continues, the two-car garage will be replaced by the two-family garage.

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

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.

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

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

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.