Elias Canetti: Inflation Identity
on Tuesday, November 22, 2022Meaning of Elias Canetti Money Quote: saying What is it that happens in an inflation? The unit of money, There in one’s hand, are no longer millions in fact, but only in name. Elias Canetti said:
“What is it that happens in an inflation? The unit of money suddenly loses its identity. The crowd it is part of starts growing and, the larger it becomes, the smaller becomes the worth of each unit. The millions one always wanted are suddenly there in one’s hand, but they are no longer millions in fact, but only in name” — Elias Canetti
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