2
0

Today is the 99th birthday of the Federal Reserve Act


               
2012 Dec 23, 12:12am   1,094 views  2 comments

by Dan8267   follow (4)  

99 years of screwing the American public.

#investing

« First        Comments 2 - 2 of 2        Search these comments

2   Dan8267   @   2012 Dec 25, 5:25am  

The Professor says

All fiat currencies end up worthless!

Actually, if you can keep inflating a fiat currency indefinitely and it will simply exponentially decay without ever reaching zero value. As such, you can tax everyone indefinitely without ever destroying the currency.

« First        Comments 2 - 2 of 2        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   users   suggestions   gaiste