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Thomas Sowell Quotes: Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
         

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.


Thomas Sowell
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"Thomas Sowell Quotes." Quoteslyfe.com, 2024. Wed. 25 Dec. 2024. <https://www.quoteslyfe.com/quote/Hyperinflation-can-take-virtually-your-entire-life-1110034>.





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It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.



When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.



Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'

Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'



It takes considerable knowledge just to realize the extent of your own ignorance.

It takes considerable knowledge just to realize the extent of your own ignorance.



Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.

Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.



The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.

The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.



Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.

Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.



I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.

I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.



Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.



The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.





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The words of the social critic Eric Hoffer were ringing true: "Every great cause begins as a movement, becomes a business, and turns into a racket.

The words of the social critic Eric Hoffer were ringing true: "Every great cause begins as a movement, becomes a business, and turns into a racket.



In a marriage, you struggle and struggle and struggle, and then you realize that you have to ride the horse in the direction it's going. You stop trying to pull the reins in another direction.

In a marriage, you struggle and struggle and struggle, and then you realize that you have to ride the horse in the direction it's going. You stop trying to pull the reins in another direction.



I'm not a natural ocean person. I married into a family of swimmers, and I've slowly been drawn into the sea.

I'm not a natural ocean person. I married into a family of swimmers, and I've slowly been drawn into the sea.



This sky where we live is no place to lose your wings so love, love, love.

This sky where we live is no place to lose your wings so love, love, love.



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Footballs, basketballs, microphones, gas and grass... Just some of the few things that J-Ro likes to pass.



The courtroom is a quiet place, Judge Roberts, where you park your political ideology, and you call the balls and you call the strikes.

The courtroom is a quiet place, Judge Roberts, where you park your political ideology, and you call the balls and you call the strikes.



Use me, God. Show me how to take who I am, who I want to be, and what I can do, and use it for a purpose greater than myself.

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Today, almost all-current technologies put the speed of light to work.

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This page presents the quote "Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.". Author of this quote is Thomas Sowell. This quote is about bother, saving, life, government, hyperinflation, rate, savings,.