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Investments => Financial Markets and the economy => Topic started by: The Prophet on October 11, 2011, 12:26:12 pm

Title: Inflation is theft
Post by: The Prophet on October 11, 2011, 12:26:12 pm

"The continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens"....
Lord Keynes.

So the government via QE and other measures, shrinks the nation’s debt by shrinking everyone’s savings