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Henry Hazlitt Quotes: Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.
         

Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.


Henry Hazlitt
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Other quotes of Henry Hazlitt


Give me the clear blue sky above my head, and the green turf beneath my feet, a winding road before me, and a three hours' march to dinner - and then to thinking!

Give me the clear blue sky above my head, and the green turf beneath my feet, a winding road before me, and a three hours' march to dinner - and then to thinking!



Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.

Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.



Economics is haunted by more fallacies than any other study known to man

Economics is haunted by more fallacies than any other study known to man



When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.



The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.

The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.



The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It is not what they lack that chiefly troubles them, but what others have.

The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It is not what they lack that chiefly troubles them, but what others have.



The government has nothing to give to anybody that it doesn't first take from someone else.

The government has nothing to give to anybody that it doesn't first take from someone else.



The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.



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!

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!



There is no more certain way to deter employment than to harass and penalize employers.

There is no more certain way to deter employment than to harass and penalize employers.





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It is wise to direct your anger towards problems -- not people

It is wise to direct your anger towards problems -- not people



A thing is not necessarily true because a man dies for it.

A thing is not necessarily true because a man dies for it.




Well, fathers and sons… one way or the other, they always disappoint each other.

Well, fathers and sons… one way or the other, they always disappoint each other.



I want to be remembered as a man who was positive, who made a difference, and who walked in God's light.

I want to be remembered as a man who was positive, who made a difference, and who walked in God's light.



When I was a kid I never learned to play. I actually got in bands through watching people play and copying them.

When I was a kid I never learned to play. I actually got in bands through watching people play and copying them.



I sometimes like the situation that forces you to rely on your instinct and impulses.

I sometimes like the situation that forces you to rely on your instinct and impulses.



In 2004, I went to Israel and gave a speech that resulted in guns and ammunition being given to the South Sudanese rebels, specifically Commanders Athol's and Yaka's armies.

In 2004, I went to Israel and gave a speech that resulted in guns and ammunition being given to the South Sudanese rebels, specifically Commanders Athol's and Yaka's armies.



The beginnings were sweet, the endings usually bitter, but the middles were only the tightrope you walked between the one and the other. No more than that.

The beginnings were sweet, the endings usually bitter, but the middles were only the tightrope you walked between the one and the other. No more than that.



Two thongs don't make a right.

Two thongs don't make a right.




Quote Description


This page presents the quote "Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.". Author of this quote is Henry Hazlitt. This quote is about milk, paper, water, moral, money,.