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User Info And The Legalized Accounting Frauds Continue; entered at 2012-05-04 22:30:01
Analog
Posts: 543
Registered: 2010-12-29 arkansas ozarks
Harry Browne said inflation is how government finances itself, by stealing the savings at a rate low enough nobody complains very much.

By that logic i suppose cost of gov't as % of GDP is limited to whatever % inflation the folks will tolerate .
Or should have been.

That's simple enough even for me to grasp.





2012-05-04 22:30:01