Thursday, November 8, 2012

How the world works

Here's a couple of basic lessons in economics that explain why things never seem to get better in our modern world:

http://www.fff.org/blog/jghblog2012-11-07.asp

Inflation is not inevitable, but it sure passes the debts along to future generations, thus keeping taxes low because the government does not want the current electorate to actually pay for current spending.

No comments: