Thursday, March 26, 2009

Timeless Lessons in Simple Words

Pat Buchanan recently commented on the ongoing debasement of our currency, posing risk of hyperinflation as the Fed and the government seek to flood the economy with trillions of dollars printed out of thin air. It is a good read.

One quote in particular struck me. It is from a great American literary icon and reminds me of how precise, profound, and prescient are the words of many notable Americans throughout our couple centuries of existence.

What a shame our current discourse within 'officialdom' is so cheapened and watered that simple truths are impossible in the blizzard of doublespeak, duplicity, and other assorted shallow political gobbledygook.

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” - Ernest Hemingway

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