Category: Announcements

the general effect of money creation is to reallocate wealth ...

By basd on Apr 1, 2009 114 views | In Announcements, predators vs. victims | Send feedback »

Generally, money creation reallocates productive capacity (wealth) -- and normally to the benefit of those in control of the money supply.In saying this, I have to correct an error in my earlier analysis. My contention is that a relatively large amoun… more »