There Is Likely To Be A Lag

There Is No Good Way Of Measuring Poverty.

Germany Cannot Get Out Of The Euro. What It Has To Do, Therefore, Is Make The Economy More Flexible - To Eliminate The Restrictions On Prices, On Wages And On Employment; In Short, The Regulations That Keep 10 Percent Of The German Workforce Unemployed.

Inflation Is Always And Everywhere A Monetary Phenomenon In The Sense That It Is And Can Be Produced Only By A More Rapid Increase In The Quantity Of Money Than In Output... A Steady Rate Of Monetary Growth At A Moderate Level Can Provide A Framework Under Which A Country Can Have Little Inflation And Much Growth. It Will Not Produce Perfect Stability; It Will Not Produce Heaven On Earth; But It Can Make An Important Contribution To A Stable Economic Society.

Inflation Is Taxation Without Legislation.

The Great Depression Was Not A Sign Of The Failure Of Monetary Policy Or A Result Of The Failure Of The Market System As Was Widely Interpreted. It Was Instead A Consequence Of A Very Serious Government Failure, In Particular A Failure In The Monetary Authorities To Do What They'd Initially Been Set Up To Do.