Inflation is not caused by the actions of private citizens, but by - TopicsExpress

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments [specifically through fractional-reserve, fiat, central banking]. | The Objectivist Newsletter

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