What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
He helped the wretch rise to his feetWhen thrice had stumbled he;With a gentle pull on tattered rags,The bondsman made no plea. “Come now, poor soul; I’ll try to lead…”He whispered, almost cried—Yet cloudy orbs of muted thanksWas the wretch’s sole reply. I watched this scene from noisy crowd.The contrast was quite stark:Youth and age […]
