Quote by David H. Scott

Someone said that inflation is like jumping off the top of the Empire State Building. The sensation is great as long as you keep on going.

Someone said that inflation is like jumping off the top of t

Summary

This quote humorously illustrates the concept of inflation and its effects. It suggests that inflation may initially provide a thrilling experience, akin to the sensation one might experience when jumping off the Empire State Building. However, the statement implies that the enjoyment is sustained only if one continues to fall, without reaching the inevitable end. Similarly, inflation may seem temporary fun due to its stimulation of economic growth, but if left unchecked, it can have harmful consequences that outweigh any temporary benefits.

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By David H. Scott

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