Card V-4: ERNEST HEMINGWAY – The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin.

Series V · Card 4 of 21 · THE MINE

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin.

ERNEST HEMINGWAY · ESQUIRE · 1935

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Source

“Notes on the Next War: A Serious Topical Letter”, Esquire, September 1935

Open source · harpers.org ↗

About the author

American novelist (1899–1961) and Nobel laureate in literature. Covered wars as a reporter and in the 1930s also wrote about politics and money for Esquire.

The question on the back

How often do you grab the quick fix even though you know better?