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Kamin's Fourth Law Government Inflation Is Always Worse Than Statistics Indicate
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Kamin's Fourth Law
Government inflation is always worse than statistics
indicate; central bankers are biased toward inflation
when the money unit is non-convertible, and without gold
or silver backing.
Related:
Inflation: fate worse than debt.
Inflation: being broke with a lot of money in your pocket.
Kamin's Seventh Law Politicians will always inflate when given the opportunity.
Politicians will always inflate when given the opportunity. -- Kamin's Law
INFLATION is when the BUCK does'nt stop ANYWHERE.
Kamin's Third Law Combined total taxation from all levels of government will always increase (until the government is replaced by war or revolution).
Kamin's First Law All currencies will decrease in value and purchasing power over the long term
unless they are freely and fully convertable into gold and that gold is traded freely without restrictions of any kind....
Inflation is when the only thing free of charge is a rundown battery.
Inflation: when those who save for a rainy day get soaked.