If A Government Resorts To Inflation...

Words
44
Reading
1 min
Listen
Play
8y

Hazlitt 2.jpg

“If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences.”

-Henry Hazlitt

If A Government Resorts To Inflation... | Ecency