Thursday, May 5, 2011

Reverse Psychology

More than any other factor, inflation discredits the authority of the older generation and turns power over to youth. It is not simply a matter of the old losing their economic advantage over the young. In an inflationary environment, all the normal virtues of the old suddenly start to work against them, while all the normal vices of the young suddenly seem to look like wisdom.
Source: Paul A Cantor, Hyperinflation and Hyperreality, 1994
Taken From: See Source

No comments:

Post a Comment