Author | Quote | E-Mail this quote | Anonymous | How can a cemetery raise its burial costs and blame it on the higher cost of living? | |
Ayn Rand (1905 - 1982) | 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. | |
Lazarus Long | One hundred dollars invested at 7% interest for 100 years will become $100,000, at which time it will be worth absolutely nothing.
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