"Be humble. Tidy your room. Take care of your family. Listen to your conscience. Get your life in order. Find something productive and interesting to do and commit to it. Once you've got all that sorted out, find a bigger problem and try to solve it if you dare. If you succeed, move on to even more ambitious projects. And as a first step toward that... abandon ideology. "
JBP
Inflation devalues all those savings. Savers become discouraged; prodigality seems to prevail. The public's latest reaction, the well-known "flight to real assets," is a desperate attempt to salvage something from the inevitable ruin. It is not a matter of safeguarding capital, but merely of protecting, through emergency measures, a fraction of it.
**Human Action** - Mises