#Inflation = theft
“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.”
#JohnMaynardKeynes #economics #finance #inequality
#Inflation exposes the deeply anti-democratic nature of how we access goods in a capitalist #economy. They put the blame on workers for excessive consumption, but economists admit it can be ascribed to exuberant and excessive #profit margins. There is no such thing as a deterministic moment defining the point at which prices have to go up, because wages went up.”
#Banksters #DNB #ECB #ClassWar #greed