We've had the inflation, and we're now getting a lot more (aka "quantitative easing"). So how long before we're properly at war?
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” Ernest Hemingway, “Notes on the Next War: A Serious Topical Letter”, 1935."
Monday, 1 June 2009
Inflation and war
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