Henry Hazlitt quote: Diluting the money supply with paper is the moral equivalent...

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

Henry Hazlitt

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Henry Hazlitt (1965). “What You Should Know about Inflation”, p.132, Ludwig von Mises Institute

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

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