Henry Hazlitt quote: Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the ...

Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.

~ Henry Hazlitt ~

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Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and pr...

Picture of Henry Hazlitt — Henry HazlittEconomics in One Lesson: The Shortest & Surest Way to Understand Basic Economics

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The demoralization that the debasement of the currency left in its wake played a major role in bringing Adolf Hitler into power in 1933.

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