Tuesday, December 11, 2007

The Technique of Inflation

"The technique of inflation demands that governments and their agencies shall continuously deceive the public about the fact, the speed and the duration of inflation intended. Ministers of finance have no option but to employ what has been called 'the necessary untruth'." Professor W.H. Hutt, quoted by Mogambo Guru, Cheaper to Freeze to Death, Oct. 23, 2007

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