“By a continuous 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, Economic Consequences of the Peace, 1920.
Archive for Maio, 2009
Keynes economic philosophy
Posted in Economia, Política on Maio 3, 2009| Leave a Comment »