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Kamin's Fifth Law Purchasing Power Of Currency Is Always Lost Far More Rapidly Than Ever Regained.
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Kamin's Fifth Law
Purchasing power of currency is always lost far more
rapidly than ever regained. (Those who expect even
fluctuations in both directions play a losing game.)
Related:
Kamin's First Law All currencies will decrease in value and purchasing power over the long term
unless they are freely and fully convertable into gold and that gold is traded freely without restrictions of any kind....
Hofstadter's Law: It always takes longer than you expect, even when you take Hofstadter's Law into account.
It always takes longer than you expect, even when you take Hofstadter's Law into account.
Hofstadter's Law...
Hofstadter's Law: It always takes longer than you expect, even when you take Hofstadter's Law into account.
-- Anon....
I'm Losing More Than I Ever Had.