SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Let's Talk About Our Feelings!!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sidney Reilly who wrote (34308)4/11/1999 1:15:00 AM
From: nihil  Read Replies (1) of 108807
 
After most revolutions I have studied, the new governments finance themselves in one classic way: inflation. The economy is often FUBAR and taxes could not be collected even if anyone had any money. So you print it. Some times you pretend to finance it with nationalized assets, like the assignats in the French revolution, but often it is simply fiat money printed by the government or their captured, nationalized, central bank.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext