One who intends to leave others better off for his having existed.

11/16/09

Are taxes rising or falling if a population is exposed to capital confiscation by inflation?

Nations are not ruined by one act of violence,


but quite often, gradually, and almost imperceptibly,


by the depreciation of their currency through excessive quantity.


 


Nicolas Copernicus


Discovered Earth was not the center of the Universe


 


Did the leaders of most emerging economies essentially steal their citizens’ savings. by lending money to developed economies to keep currency exchange rates relatively low, to encourage more sales of manufactured goods?

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