"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Wrapping an Enigma in a Mystery: Why Inflation Is So Misunderstood
"Perhaps the most effective bit of misinformation was to redefine inflation as a rise in the general level of prices of goods and services. A general rise in prices, however, is a potential symptom of inflation and not inflation itself—potential because even though a currency is being inflated, prices may not necessarily rise."
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