"Mere inflation-that is, the mere issuance of more……" — Henry Hazlitt
"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."
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Henry Hazlitt
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54 Quotes by Henry Hazlitt
Henry Hazlitt has 54 quotes on this site.
A few more worth reading:
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The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But…
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The times call for courage. The times call for hard work. But if the demands are high, it is because…
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Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed…
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Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is…
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There is no more certain way to deter employment than to harass and penalize employers.
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It is often sadly remarked that the bad economists present their errors to the public better than the good economists…
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Government can't give us anything without depriving us of something else.
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The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment.…
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The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a…
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What is put into the hands of B cannot be put into the hands of A.
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Everywhere the means is erected into the end, and the end itself is forgotten.
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From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least…
See all 54 quotes by Henry Hazlitt »
More Actual Quotes
This quote is filed under Actual Quotes,
one of 1,266 quotes in that category. Here are a few more:
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The fatigue produced on the muscles of the human frame does not altogether depend on the actual force employed in…
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Where do we say that a cell became a blade of grass, which became a starfish, which became a cat,…
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The Canadian run can be no different, at least in terms of actual running.
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Fishing is boring, unless you catch an actual fish, and then it is disgusting.
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I do love to eavesdrop. It's inspirational, not only for subject matter but for actual dialogue, the way people talk.
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Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their…
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It is evident that skepticism, while it makes no actual change in man, always makes him feel better.
— Ambrose Bierce
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Sure, I suffered a lot. But it's not like the end of the world and it's not who I am.…
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I've thought for the last decade or so, the only actual place raw truth was seeping through in newspapers was…
— Elayne Boosler
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The importance to the writer of first writing must be out of all proportion of the actual value of what…
— Elizabeth Bowen
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Congress acknowledged that society's accumulated myths and fears about disability and disease are as handicapping as are the physical limitations…
— William J. Brennan
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You don't want flame to hit your food. Flame is bad. Flame does nasty things to food. It makes soot…
— Alton Brown
See all 1,266 Actual Quotes »