Jul 17, 2009

Bill Bonner on inflation

Governments are seldom good at anything, but one thing they are undeniably good at is destroying their own currencies. The dollar has lost 95% or so of its value since 1913. That’s a pretty darn good job. Other countries have been even more thorough.

~ Bill Bonner, "Preparing for the New Economy," LewRockwell.com, July 16, 2009

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