Wednesday, September 28, 2011

Nicely Said.....................

Undoubtedly, though, inflation aggravated every evil, ruined every chance of national revival or individual success… Partly because of its unfairly discriminatory nature, it brought out the worst in everybody – industrialist and worker, farmer and peasant, banker and shopkeeper, politician and civil servant… It caused fear and insecurity among those who had already known too much of both… It corrupted even where corruption had been unknown, and too often where it should have been impossible.”
Adam Fergusson, When Money Dies

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