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IPFS News Link • European Union

Godfrey Bloom: "Get Ready For A Fake Brexit That Will Fool No One"

• by Claudio Grass

This system is of course central to the phenomenon of the recurring boom-bust sequences plaguing the global economy.

It is also a major means of redistributing wealth from the poor and the middle classes to those who are already rich and own most of the assets likely to appreciate in price due to monetary inflation (an unavoidable side-effect, irrespective of their wishes). Moreover, it creates an insidious, hidden "inflation tax" that benefits the State to the detriment of all those engaged in real wealth creation, from workers to entrepreneurs.