By a continuous process of inflation, governments can confiscate... by Food For Thought

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By a continuous process of inflation, governments can confiscate...

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Originally published July 18th, 2007

82 words - Reading time : less than a minute

( 6 votes, 5/5 ) , 2 commentaries


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"By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some....The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose."

John Maynard Keynes

(1883-1946)

Economic Consequences of the Peace, 1920

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Put yourself in front of the trend .. http://numisnetwork.com/piraino Enrich yourself .. Read more

Daniel P. - 3/26/2011 at 10:19 AM GMT

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Daniel P. - 3/26/2011 at 10:19 AM GMT
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Put yourself in front of the trend .. http://numisnetwork.com/piraino
Enrich yourself ..

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Daniel D. - 3/23/2011 at 11:58 AM GMT
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Well, at least he got that strait :))

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