Commodity Trade Mantra

Posts Tagged ‘Endless Debts’

How Inflation Helps Keep the Rich Up and the Poor Down

It would not be uncharitable to characterize inflation as a large-scale rip-off, in favor of the politically well-connected few & to the detriment of the politically destitute masses. It promotes endless debts, puts society at the mercy of monetary authorities such as central banks & to that extent entails moral corruption of society.

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