Ludwig Erhard on Inflation: Why Economic Crises Are No Accidents

„Inflation does not come upon us as a curse or as a tragic fate; it is always caused by reckless or even criminal policies.“

Ludwig ErhardLudwig Erhard explains inflation is not fate but the result of irresponsible policies. Learn more about his perspective.
PreviousNext

Ludwig Erhard was a German politician and economist, known as the "father of the economic miracle" in Germany.

A wise reminder that economic problems always arise from irresponsible policies and are not simply fate.


Translation or original: 🇩🇪Click here

Quelle: Hier klicken

i

3.0 / 5

Quote on inflation by Ludwig Erhard about economic crises caused by reckless policies

Ludwig Erhard (1897–1977) was a German politician (CDU) and economist. As Federal Minister for Economic Affairs from 1949 to 1963, he significantly shaped the social market economy that enabled Germany’s post-war economic miracle. He served as Chancellor of West Germany from 1963 to 1966.

Quote by Henry Hazlitt about inflation and its unavoidable economic consequencesCopyright © yoice.net – Quote Artwork
/
0 Comments
"If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences." Henry Hazlitt
Read more
Quote about inflationary policy and its double robbery effect by Monika HausammannCopyright © yoice.net – Quote Artwork
/
0 Comments
"Inflationary policy is thus robbery policy in a double sense: it robs people not only of their ownership of legitimately acquired goods and thus of the core and principle of freedom, but also of their drive to honest, sincere, responsible and sustainable dealings with fellow human beings and resources. Where such is not only not a taboo, but the order of the day, sooner or later ownership of one's own person and body will again be up for debate." Monika Hausammann
Read more
Quote by Roland Baader about how every decline in the value of money is caused by the state.Copyright © yoice.net – Quote Artwork
/
0 Comments
""...Every decline in the value of money is caused and organized by the state. Paper money and the central bank monopoly are the great super-tricks used to camouflage the violent nature of the state and the predatory basic pattern of ALL politics. Very few citizens are truly aware of the unimaginable extent to which they have been exploited for generations by the combination of progressive income tax and inflation, robbing them of the fruits of their labor."" Roland Baader
Read more
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Unbeknown Quote on Media Manipulation, Labor Exploitation and Consciousness...Quote about media manipulation, labor exploitation, and consciousness control by UnbekanntCopyright © yoice.net – Quote ArtworkQuote by Aldous Huxley about propaganda and human distraction in mediaCopyright © yoice.net – Quote ArtworkAldous Huxley on Media, Propaganda, and Human Distraction – Profound Insi...