Quote:
|
Originally Posted by Urbane Guerrilla
The simple explanation for currency inflation -- its debasement, gradually and over time -- is that it is caused by lengthy government deficit spending. Entitlement programs are just another way to indulge in the likeliest way for democracies to risk collapse: the electorate voting itself the treasury, in whole or in part. Add deficits, and watch the mischief be compounded.
|
Obviously, there is much in your writing to agree with. Please square this paragraph with our present military comittment to fight without end against an undefined enemy.