Inflation is the fiscal complement of statism and arbitrary government.
[Inflation] is a cog in the complex of policies and institutions which gradually lead toward totalitarianism.
Ludwig Heinrich Edler von Mises (1881-1973) was an Austrian-born American economist and sociologist. He was a key figure of the "Austrian school" of economics and advocate for classical liberalism.
Inflation is the fiscal complement of statism and arbitrary government.
[Inflation] is a cog in the complex of policies and institutions which gradually lead toward totalitarianism.
Scott Bradford is a writer and technologist who has been putting his opinions online since 1995. He believes in three inviolable human rights: life, liberty, and property. He is a Catholic Christian who worships the trinitarian God described in the Nicene Creed. Scott is a husband, nerd, pet lover, and AMC/Jeep enthusiast with a B.S. degree in public administration from George Mason University.