A Quote by Ludwig von Mises
Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.
Related Quotes
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!
The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.
I am going to explain to you why we went to war. Why mankind always goes to war. It is not social or political. It is not countries that go to war, but men. It is like salt. Once one has been to war, one has salt for the rest of one's life. Do you understand?
The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
There's war - there's always been war, as long as most of us have been alive. There have always been people being abused, there's always been horrible things in the world. Why are we outraged? We should just be quiet and figure it out, and work it out together.
This much I would say: Socialism has failed all over the world. In the eighties, I would hear every day that there is no inflation in the Soviet Union, there is no poverty in the Soviet Union, there is no unemployment in the Soviet Union. And now we find that, due to Socialism, there is no Soviet Union!
We have always been a party that has had policies on everything, from education to the economy to the environment. We have always said that, if you are serious about the environment, then the policies that you need to change most are the economic policies.
As far as world war goes, there are really only two possibilities: either war provokes revolution, or revolution averts war.
I tend to find comedy in dark places. I also tend to find comedy in taking on the status quo - which has always been something I find important.
Communists have always viewed the national question through the prism of the class struggle, believing that its solution has to be subordinated to the interests of the Revolution, to the interests of socialism. That is why Communists and all fighters for socialism believe that the main aspect of the national question is unification of the working people, regardless of their national origin, in the common struggle against every type of oppression, and for a new social system which rules out exploitation of the working people.
To claim for socialism that it is a class war is to do it an injustice and indefinitely postpone its triumph. Socialism offers a platform broad enough for all to stand upon. It makes war upon a system, not upon a class.
Enough generations of socialist policies have now passed for us to judge their effects. They are bleak. Socialism undermines the character of a nation and of its citizens. In simpler words, socialism makes people worse.
American economists can't understand the German fear of inflation and the effects of inflation when dealing with the world economic crisis. They wonder why Germany pursues such a different course - 'Why can't they agree with us?' I would have thought it was fairly obvious.
Why is war such an easy option? Why does peace remain such an elusive goal? We know statesmen skilled at waging war, but where are those dedicated enough to humanity to find a way to avoid war
I am very annoyed about this issue. Why can’t it be a choice? Why is that any less legitimate? It seems we’re just ceding this point to bigots who are demanding it, and I don’t think that they should define the terms of the debate. I also feel like people think I was walking around in a cloud and didn’t realize I was gay, which I find really offensive. I find it offensive to me, but I also find it offensive to all the men I’ve been out with.
Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation.
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