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- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
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- How cats feel about SchiffGold's 1-oz Silver Britannia coin offer. http://bit.ly/2i5gBl1 http://bit.ly/2gAWCdD
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- A brand new Schiff Report – Don't Expect a Normal Reaction to an Abnormal Situation @SchiffGold http://bit.ly/1hvOsl7
- In the Philippines and India people buy gold to store their wealth and then use it during financial emergencies. http://bit.ly/2y70n0H
- @RudolphGiuliani #Trump is hardly a genius for minimizing his income tax liability. It's just that he's not an idiot for not doing it!
- Don't miss my latest Schiff Report – 2015 May Be Worst Recovery Year; Revise Your Rate Hike Expectations (Video) http://bit.ly/1MmXqOx
- Has anyone taken the online Mises Curriculum?
- Wilhelm Röpke: The Economist Who Stood Up To Hitler
Thursday, December 17, 2015
Should the Austrians appropriate the term "trickle-down"?
Central banks that inflate redistribute wealth in society, steal the purchasing power from those holding the money, the central bank gains the purchasing power and then it trickles down to the government, commercial banks and big corporations.