Via Margin Rich:
Not this August, nor this September; you have this year to do in what you like. Not next August, nor next September; that is still too soon; they are still too prosperous from the way things pick up when armament factories start at near capacity; they never fight as long as money can still be made without. So you can fish that summer and shoot that fall or do whatever you do, go home at nights, sleep with your wife, go to the ball game, make a bet, take a drink when you want to, or enjoy whatever liberties are left for anyone who has a dollar or a dime. But the year after that or the year after that they fight. Then what happens to you?
First you make a lot of money; maybe. There is a chance now that you make nothing; that it will be the government that makes it all. That is what, in the last analysis, taking the profits out of war means. If you are on relief you will be drafted into this great profitless work and you will be a slave from that day....
....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. But both are the refuge of political and economic opportunists.....
