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Jacques Rueff Quote

Inflation consists of subsidizing expenditures that give no returns with money that does not exist.

Jacques Rueff

Inflation consists of subsidizing expenditures that give no returns with money that does not exist.

Tags: economics, inflation

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About Jacques Rueff

Jacques Léon Rueff (23 August 1896 – 23 April 1978) was a French economist and adviser to the French government.