"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Friday, December 3, 2010

Inflation Isn't What It Used to Be

Jeffrey Rogers Hummel and Sheldon Richman explain how governments used to do well for themselves, though not for their citizens, by inflating the currency. But those days are over.

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