Thomas Massie Explains Inflation in Under 30 Seconds ‘So Simple a Child Could Understand’ – Most Americans Continue to be Baffled

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“Lenin was certainly right. There is no subtler, no surer
means of overturning the existing basis of society than to
debauch the currency. The process engages all the hidden
forces of economic law on the side of destruction, and
does it in a manner which not one man in a million is able
to diagnose.”
~John Maynard Keynes, 1919

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“There is no means of avoiding the final collapse of a boom
brought about by credit expansion. The alternative is only
whether the crisis should come sooner as the result of
voluntary abandonment of further credit expansion, or later
as a final and total catastrophe of the currency system
involved.”
~Ludwig von Mises, 1949

h/t dr0id

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