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.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (28976)1/5/2007 4:35:12 PM
From: koan  Read Replies (1) | Respond to of 78421
 
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.