There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.


Addresses upon the American road (ed. 1938)

Herbert Hoover Quotes

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.