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Old 02-18-17, 05:32 PM   #19
Skybird
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Join Date: Sep 2001
Location: the mental asylum named Germany
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In German, and thus mainly for Catfish, but also for anyone who can understand written German:

Link - "Inflation - The papery suicide"

Quote:
Von Lenin, der gewiss etwas von Revolution und Umsturz verstanden hat, soll der Satz stammen: „Wer die kapitalistische Gesellschaft zerstören will, muss ihr Geld zerstören.“ Skurrilerweise hat Lord Keynes das sicherste Mittel hierzu genannt, nämlich die Inflation.
What to learn from this? When within one or two generations only, things and stuff start to cost 30, 40, 50, 60 times (not percent, but factors!) as much than before, then you have inflation, and there is no use in trying to talk of "stable currencies".
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Last edited by Skybird; 02-18-17 at 06:50 PM.
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