need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
Henry Hazlitt
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A man who is good from docility and not from stern selfcontrol has no character.
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Mere inflationthat is the mere issuance of more money with the consequence of higher wages and pricesmay look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.
- Henry Hazlitt