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  • A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices.

    Henry Hazlitt
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    Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.184, Ludwig von Mises Institute
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A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices. - Henry Hazlitt
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