Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.


What You Should Know about Inflation (ed. Ludwig von Mises Institute, 1965) - ISBN: 9781610162814

Henry Hazlitt Quotes

Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.

Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.

Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.

Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.