“They justified their ‘revolution’ by saying they’d end the conspiracy and bring order to society. But in reality, they only made things a lot worse. The country I’m talking about is Brazil — and the social blight I described was especially apparent in the central and northern regions where I lived and traveled in the 1950s and ’60s. The conspiracy: The deliberate policy of massive money printing by the central bank, the Bank of Brazil. The immediate consequence: Hyperinflation. The long-term impact: Destruction of wealth, erosion of social institutions, mass corruption in government, enrichment of the few, impoverishment of the many, and chaos.”
http://www.moneyandmarkets.com/the-most-dangerous-conspiracy-of-all-time-51684
Related posts:
Wrongfully Imprisoned for 31 Years, and This is Considered Justice?
Who's Your Guy: Obama or Manning?
Jacob Hornberger: Political Gamesmanship at the Olympics
Ron Paul: What No One Wants to Hear About Benghazi
US Gifts $38 Billion In Weapons To Israeli State, Even As U.N. Pulls Back
The Strange Moral Compass of Christopher Dorner
Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Government in Japan
Bill Bonner: Should Larry Summers replace Ben Bernanke?
Forced Separation of Children: an American Tradition
A Bad Argument for Bombing Syria
US Bombing Syrian Chemical Weapons Stockpiles Will Kill Many Thousands
SILVER: Meltdown to $20, You Will Remember
Bill Bonner: Can a credit system last in the modern world?
Westerners Kidnapped in North Africa — but Is France the Real Target?
Jacob Hornberger: The JFK Autopsy Cover-Up