Avoiding Inflation

Today's Maurin

Some say that inflation is desirable.

Some say that inflation is deplorable.

Some say that inflation is deplorable but inevitable.

The way to avoid inflation is to tighten the burden of money-borrowers without robbing the money-lenders.

And the way to lighten the burden of money-borrowers with robbing the money-lenders is to pass two laws: one law making immediately illegal all interest on money lent and another law obligating the money-borrowers to pay one per cent of the debt every year during a period of a hundred years.