“To be happy one must be (a) well fed, unhounded by sordid cares, at ease in Zion, (b) full of a comfortable feeling of superiority to the masses of one's fellow men, and (c) delicately and unceasingly amused according to one's taste. It is my contention that, if this definition be accepted, there is no country in the world wherein a man constituted as I am - a man of my peculiar weakness, vanities, appetites, and aversions - can be so happy as he can be in the United States.” IfsMenWorldWellsCountryStatesFeelingsCareUnitedUnited StatesTasteComfortableMassWeaknessFellowsDefinitionsAcceptedVanityEaseFedsAppetitePeculiarSuperiorityFellow ManAmusedAversionContentionZion Author:H. L. Mencken
“So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?” IfsCountryStatesUnitedUnited StatesCreationSourceEnglandResponsibleInstitutionsCreatorFedsSoleOther CountriesReservesContinuingInflationMonopolyEmpoweredFederal ReserveCentral BanksBlight Author:Murray Rothbard
“Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.” CountryHappensStrongRiskLowsIndependentCongressFedsVery StrongStableReservesInflationMandatesFederal ReserveStrong ManStrong IndependentHyperinflation Author:Timothy Geithner