The Main Street Economist
Wednesday, October 3, 2012
The reason the way things are - A quote
“By a continuing process of inflation, Governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some …. Those to whom the system brings windfalls …. become “profiteers” who are the object of the hatred … the process of wealth-getting degenerates into a gamble and a lottery .. Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose" - John Maynard Keynes ----------------------------------------------------------------------------------------------------------------------
In light of the presidential debates that will happen tonight, and in thinking back to the political arguments concerning economics I heard in the morning from the old at the coffee shop on the way to work, all of it, EVERY word they say and every argument they make is completely and utterly made NULL and VOID by this above quote.
Sunday, October 16, 2011
MUSIC TIME : How much material and intangible JUNK out of your life do you think you can throw over the edge?
St. MATTHEW 22 : 34-40
34 But when the Pharisees had heard that he had put the Sadducees to silence, they were gathered together.
35 Then one of them, [which was] a lawyer, asked [him a question], tempting him, and saying,
36 Master, which [is] the great commandment in the law?
37 Jesus said unto him,
Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind.
38 This is the first and great commandment.
39 And the second [is] like unto it, Thou shalt love thy neighbour as thyself.
40 On these two commandments hang all the law and the prophets.
38 This is the first and great commandment.
39 And the second [is] like unto it, Thou shalt love thy neighbour as thyself.
40 On these two commandments hang all the law and the prophets.
Sunday, October 2, 2011
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