Henry Hazlitt Quotes About Currency

Quotes about: Currency

• It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more efficiently, saving more, investing more, and producing more.

  Henry Hazlitt

  Real, Income, Investing

• In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support constant swindling. Instead of automatic currencies based on gold, people are forced to take managed currencies based on guile. Instead of precious metals they hold paper promises whose value falls with every bureaucratic whim. And they are suavely assured that only hopelessly antiquated minds dream of returning to truth and honesty and solvency and gold.

  Henry Hazlitt

  Dream, Honesty, Lying

  "What You Should Know about Inflation".

• The way to get a maximum rate of 'economic growth' assuming this to be our aim - is to give maximum encouragement to production, employment, saving, and investment. And the way to do this is to maintain a free market and a sound currency.

  Henry Hazlitt

  Encouragement, Giving, Growth

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.135, Ludwig von Mises Institute

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