Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... Lenin was certainly right.


Essay in Persuasion (1931), pt. II


Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation,...

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation,...

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation,...

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation,...