INFLATION GOOD OR BAD? In his 1920 book - ECONOMIC CONSEQUENCES OF THE PEACE — Fabian Socialist Economist John Maynard Keynes said inflation is caused by Government. An advocate of such inflation, Keynes wrote— ' ■ By a continuing process df inflation < W V 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. The process engages all of the hidden forces of ' economic law oh the side of destruction and does it in a manner not one man gh A in a million is able to diagnose. J J The man who ‘authored’ and promoted modern day inflation clearly and obviously knew what shocking - . effectsit wouldhave on a country. WhyJhen did he promote it?-Why do the majority of Western ; Governments jun their Keynesian . Economic Principles?' Find out why from:WESTERN DESTINY BOOKS The Bookshop dedicated to revealing the Facts to you CORNER SHOP - GROUND FLOOR, WARNERS HOTEL -50 CATHEDRAL SQUARE • -
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Press, 5 June 1982, Page 21
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172Page 21 Advertisements Column 1 Press, 5 June 1982, Page 21
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