Inflation and Hyperinflation

Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans. —R. H. Tawney, Religion and the Rise of Capitalism, 1926 By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. —John Maynard Keynes, Economic Consequences . . . → Read More: Inflation and Hyperinflation