The Hyperinflation in Zimbabwe (Report‪)‬

The Quarterly Journal of Austrian Economics 2011, Fall, 14, 3

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Publisher Description

They had learned then how easy it is to issue it; how difficult it is to check its overissue; how seductively it leads to the absorption of the means of the workingmen and men of small fortunes; how heavily it falls on all those living on fixed incomes, salaries or wages; how securely it creates on the ruins of prosperity of all men of meagre means a class of debauched speculators, the most injurious class that a nation can harbour--more injurious, indeed, than professional criminals whom the law recognises and can throttle; how it stimulates overproduction at first and leaves every industry flaccid afterward; how it breaks down thrift and develops political and social immorality. (Andrew Dickson White, 1876, p. 52) INTRODUCTION

GENRE
Business & Personal Finance
RELEASED
2011
22 September
LANGUAGE
EN
English
LENGTH
49
Pages
PUBLISHER
Ludwig von Mises Institute
SIZE
302.3
KB

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