Posts Tagged ‘expenditures’

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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Ron Paul: Economic Beneficial War

Posted by admin on Tuesday, May 4, 2021

Ron Paul Money Quote saying only those who stand to profit from war expenses will be the only benefactors to war. Ron Paul said:
 
War is never economically beneficial except for those in position to profit from war expenditures Quote
 

“War is never economically beneficial except for those in position to profit from war expenditures” — Ron Paul

 

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Frederic Clemson Howe: War Costs

Posted by admin on Wednesday, April 28, 2021

Frederic Clemson Howe Money Quote saying that if the wealthy classes had to pay for wars they start, the war would never begin – it is paid by the working class and poor. Frederic Clemson Howe said:
 
War and preparations for war are possible only because the ruling classes are able to shift a great part of the cost onto the poor by indirect taxation and loans Quote
 

“There would be an end of war and preparations for war if the cost were borne by those responsible for war. There would be an end of armaments and preparedness if incomes and inheritances and the landed estates of the feudal classes paid for the protection which their privileges enjoy. War and preparations for war are possible only because the ruling classes are able to shift a great part of the cost onto the poor by indirect taxation and loans. War expenditures are tolerated only because the burdens are concealed in the increased cost of the things people consume” — Frederic Clemson Howe

 

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