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2024-06-23 16:30:23

Oliveira 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 their 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

Worth reading…
#inflation #Bitcoin

https://www.economicsnetwork.ac.uk/archive/keynes_persuasion/Inflation.htm
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