Stop the Presses!
Thursday, 2 August 2007 by Jacob TomawIf you ever find yourself in control of a country with out of control inflation, remember this one simple rule: “STOP PRINTING MONEY”. Inflation is caused by too much money; printing more is not going to help.
If you need an example of what not to do, ask yourself this question, “What would Robert Mugabe do?” Then all you have to do is remember to not do that.
(HT: Mises Blog )
Posted in Economics, politics
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