Breitbart Business Digest: Fallout from Hamas Attack Will Fuel Inflation
War is expensive and inflationary.
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War is expensive and inflationary.
None of this is easy or popular — the temptations of a quick fix or a gimmick will always be around — but this is the only way forward.
There is no subtler, no surer way of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which not one man in a million is able to diagnose. ~Maynard Keynes wrote, in The
Leftist Demon of Inflation: Why Democrats Want Rising Prices, The best way to destroy the Capitalist System is to debauch its currency, Lenin,