I don't believe we're in for a crash now. It's much more likely that government will just conceal the continuation of inflation by price controls. But if anything is worse than an open inflation, it's a repressed inflation. What you're likely to get is not a violent deflation but increasing stagnation of productivity.
Friedrich HayekRelated topics
anything believe continuation crash government increasing inflation likely now open price productivity stagnation violent worse deflationRelated quotes
A house divided against itself cannot stand. I believe this government cannot endure permanently half-slave and half-free. I do not expect the Union to be dissolved I do not expect the house to fall but I do expect it will cease to be divided. It will become all one thing or all the other.
Abraham Lincoln
That our government should have been maintained in its original form from its establishment until now is not much to be wondered at. It had many props to support it through that period, which now are decayed and crumbled away. Through that period, it was felt by all to be an undecided experiment; now, it is understood to be a successful one.
Abraham Lincoln
Traveling is my form of self-education. Every stream I fish now is not as good as it used to be. Traveling is my form of self-education. Every stream I fish now is not as good as it used to be. If you keep your eyes open as you travel around, you realize we are destroying this planet.
Yvon Chouinard
