Built on sand

“The monetary managers are fond of telling us that they have substituted “responsible money management” for the gold standard. But there is no historic record of responsible paper money management … The record taken as a whole is one of hyperinflation, devaluation and monetary chaos.”

— Henry Hazlitt

Marshall (2)

Advertisements

About Iowa Life

Experiencing life in Iowa.
This entry was posted in Gold, Stocks & Finances. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s