Frank Chodorov wrote a good article about government bonds, debt, and inflation. In short, repayment is rooted in extortion and inflation. It's immoral though and through.
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Frank Chodorov wrote a good article about government bonds, debt, and inflation. In short, repayment is rooted in extortion and inflation. It's immoral though and through.
Thanks for the link. Yeah, the whole bond system feels like a mess when you dig into it. Inflation and extortion as repayment? That’s pretty messed up.