"If a government resorts to inflation, that is,……" — Henry Hazlitt
"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
★
★
★
★
★
0.0 avg (0 ratings)
54 Quotes by Henry Hazlitt
Henry Hazlitt has 54 quotes on this site.
A few more worth reading:
-
The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But…
-
The times call for courage. The times call for hard work. But if the demands are high, it is because…
-
Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed…
-
Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is…
-
There is no more certain way to deter employment than to harass and penalize employers.
-
It is often sadly remarked that the bad economists present their errors to the public better than the good economists…
-
Government can't give us anything without depriving us of something else.
-
The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment.…
-
The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a…
-
What is put into the hands of B cannot be put into the hands of A.
-
Everywhere the means is erected into the end, and the end itself is forgotten.
-
Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the…
See all 54 quotes by Henry Hazlitt »
More Budget Quotes
This quote is filed under Budget Quotes,
one of 775 quotes in that category. Here are a few more:
-
After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you…
— Michele Bachmann
-
If you compare NASA's annual budget to explore the heavens, that one year budget would fund NOAA's budget to explore…
— Robert Ballard
-
Every Republican's voted for it. Look at what they value and look at their budget and what they're proposing. Romney…
— Joe Biden
-
However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition…
— Tim Bishop
-
What you don't do, if you're an adult, is decide that you're going to budget things through a sequester. What…
— Lewis Black
-
The cold harsh reality is that we have to balance the budget.
— Michael Bloomberg
-
Every family in America knows they have to do a budget. Every small business in America knows they have to…
— John Boehner
-
It's clearly a budget. It's got a lot of numbers in it.
— George W. Bush
-
You get dinged for wanting to do a comedy, then wanting to do a big-budget action film, and then wanting…
— Nicolas Cage
-
I'm not a professional politician. I'm a professional problem solver, and I believe we should cut the salaries of senators…
— Herman Cain
-
My approach to cutting spending as president, is to do a ten percent across the board cut of all federal…
— Herman Cain
-
In a global race, can we really justify the huge number of expensive peripheral European institutions? Can we justify a…
— David Cameron
See all 775 Budget Quotes »