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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: John McCarthy who wrote (28976)1/5/2007 4:35:12 PM
From: koan  Read Replies (1) of 78419
 
John Kenneth Galbraith is one of my heros. He wrote the definitive work on the great depression.

He also said: "the most effective means of transferring wealth form the poor to the rich is through inflation".

The reason is because the rich can buy things that float up with inflation, but the poor are usually on fixed incomes.
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