“I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.”

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Originally said in English.

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About Friedrich August von Hayek

Friedrich August von Hayek is quoted here; further biographical details are not publicly available.

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"I do not think it is an exaggeration to say history is largely a hist…" — Friedrich August von Hayek | Daily Quotes