77 sats \ 6 replies \ @halalmoney 23 Apr \ on: War bonds as a last resort libertarian
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
Ernest Hemingway
I've read lots of Hemingway and never ran across this. Thanks for sharing! It's been almost a century since he wrote that and it rings just as true to this day.
Date of quote?
My guess is during or immediately after WW1
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The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
—Ernest Hemingway, “Notes on the Next War: A Serious Topical Letter,” Esquire, Sept. 1935.
(I found this info here: https://harpers.org/2007/09/hemingway-on-the-politics-of-war/)
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Nice find
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