Jacques Rueff: Inflation Expenditure

Posted by admin on Wednesday, November 23, 2022

Meaning of Jacques Rueff Money Quote: saying inflation seems to magically make money disappear and at the same time cover subsidies. Jacques Rueff said:
 
Inflation consists of subsidizing expenditures that give no returns with money that does not exist Quote
 

“Inflation consists of subsidizing expenditures that give no returns with money that does not exist” — Jacques Rueff

 

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