Reflections
Inflation is taxation without legislation. - Milton Friedman
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. - Ronald Reagan
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. But both are the refuge of political and economic opportunists. - Ernest Hemingway
Contexts
#notecard