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  • hapiwondrer hapiwondrer May 4, 2011 4:17 AM Flag

    Is Monetary Inflation Good, Bad, Indifferent?

    Rather than “enjoying” Batschwing’s link to government propaganda of the day trumpeting the beneficial effects of fiat currency, consider the following link supplied by Hillsdale College:

    tinyurl_com/HillsdaleCollege-SethLipsky (replace the “_” with “.” on the address line to access)

    There’s nothing like calling it like it is. Forget all this arcane garbage of attempting to define the math behind fiat currency economics, which could be likened to a bank robber educated in higher mathematics attempting to define mathematically the methodology required in a bank heist.

116.06+0.44(+0.38%)May 31 4:00 PMEDT