Henry Hazlitt Quotes:
Ocupation: Journalist
Life: November 28, 1894 - July 8, 1993
Birthday: November 28
Death: July 8
The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse.
source: Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.136, Ludwig von Mises Institute
topic: Gambling, Government, Growth, Income Redistribution, Disillusionment, Wanton, Redistribution Of Wealth
