This is what 'monetary management' really amounts to. In practice it's merely a high-sounding euphemism for continuous currency debasement. It consists in constant lying in order to support constant swindling. Instead of automatic currencies based on gold, people are forced to take 'managed' currencies based on guile. Instead of precious metal they hold paper promises whose value falls for every bureaucratic win. And they are suavely asured that only antiquated minds dream of returning to truth, and honesty, and solvency, in gold.
Henry hazlitt
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