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2024-04-08 02:27:58

ben on Nostr: “By a continuing process of inflation, governments can confiscate, secretly and ...

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of its citizens. By this method they not only confiscate, but they confiscate *arbitrarily*; and, while the process impoverishes many, it actually enriches some.” - John Maynard Keynes

Via 's excellent book “Broken Money”.
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