Quote by Henry Hazlitt on Inflation and Socialism

„Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other!“

Henry HazlittHenry Hazlitt explains the mutual relationship between inflation and socialism as cause and effect.
PreviousNext

Henry Hazlitt was an American economic journalist and philosopher, known for his clear analyses of economic issues.

Henry Hazlitt describes the mutual relationship between inflation and socialism from an economic perspective.


Translation or original: 🇩🇪Click here

Quelle: Hier klicken

i

3.0 / 5

Henry Hazlitt quote about inflation and socialism

Henry Hazlitt (1894–1993) was an American journalist, economist, and philosopher. He authored numerous books and articles advocating free-market economics. Hazlitt is best known for his book "Economics in One Lesson," which presents economic principles in an accessible way.

Ayn Rand quote about inflation, government monetary policy, and deficit spendingCopyright © yoice.net – Quote Artwork
/
0 Comments
"Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments." Ayn Rand
Read more
Quote about inflationary policy and its double robbery effect by Monika HausammannCopyright © yoice.net – Quote Artwork
/
0 Comments
"Inflationary policy is thus robbery policy in a double sense: it robs people not only of their ownership of legitimately acquired goods and thus of the core and principle of freedom, but also of their drive to honest, sincere, responsible and sustainable dealings with fellow human beings and resources. Where such is not only not a taboo, but the order of the day, sooner or later ownership of one's own person and body will again be up for debate." Monika Hausammann
Read more
Hans-Hermann Hoppe quote about the impoverishing effects of socialism in the United StatesCopyright © yoice.net – Quote Artwork
/
0 Comments
"All the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services." Hans-Hermann Hoppe
Read more
Quote by Henry Hazlitt about inflation and its unavoidable economic consequencesCopyright © yoice.net – Quote Artwork
/
0 Comments
"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
Read more
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Quote by Henry Hazlitt on the Importance of Private Enterprise for Poor Nat...Henry Hazlitt quote image about private enterprise and economic growthCopyright © yoice.net – Quote ArtworkHenry Hazlitt quote about wealth redistribution, productive incentives, and economic prosperityCopyright © yoice.net – Quote ArtworkQuote by Henry Hazlitt on Wealth Redistribution and Incentives