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Uncommon Sense

Pithy sayings and brilliant observations

Inflation betrays creditors

If the governments devalue the currency in order to betray all creditors, you politely call this procedure ‘inflation.’

Author Greg RavenPosted on August 9, 2012November 1, 2018Format QuoteCategories economicsTags George Bernard Shaw

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“There can be no public or private virtue unless the foundation of action is the practice of truth.” — George Jacob Holyoake

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