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gfs543
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Currency devaluation: The most destructive policy of all - Steve Saville - Speculative Investor

Outstanding article, Steve!

Commented 3549 days ago

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Beginning of the headline :"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing 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 sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in t... Read More

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