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Inflation In History [With Xtranormal Video]



-- Posted Wednesday, 15 December 2010 | | Source: GoldSeek.com

By Mike Hewitt 

Governments fund themselves through three ways. They can either - tax, borrow or inflate. The last option is preferred as it is the method least likely to anger the public. However, inflation is associated with large-scale wars and great social and economic upheavals.

Voltaire is quoted as saying that, "Paper money eventually returns to its intrinsic value - zero."

© 2010 DollarDaze

ABOUT THE AUTHOR

 Mike HewittMike Hewitt is the editor of DollarDaze.org, a website pertaining to commentary on the instability of the global fiat monetary system and investment strategies on mining companies. His website also provides a no-cost market data feed service with up-to-date quotes on currency exchange rates, commodity prices and major indices. Mike can be emailed at mikehewitt@hotmail.com.


-- Posted Wednesday, 15 December 2010 | Digg This Article | Source: GoldSeek.com




 



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