6/10/09

Are taxes rising or falling if workers, savers and investors are exposed to inflationary capital confiscation?


 


If a nation prints more money


like cutting a 16 inch pizza into 12 slices instead of 8


is each slice worth less?


 


What if the pizza shrinks while the number of slices rise?


 


The decline of great powers


is caused by simple economic over extension


 


Paul Michael Kennedy


The Rise and Fall of the Great Powers

2 comments:

dodenkrant said...

I added your blog to Google Reader.

george said...

thanks

g