Who said it?

The bailout’s going to pass but while the Congress is debating (purely as theater), perhaps it’ll be good for you to chew on this:

The best way to destroy the Capitalist system is to debauch the currency.

By continuing a process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily, and while the process impoverishes many, it actually enriches some.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner not one man in a million is able to diagnose.

Oh, those words are Lenin’s.

~ by Miche on October 3, 2008.