Thursday 1 September 2022

Quote for the day

"By a continuing 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. By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft." – John Maynard Keynes