"I am by birth a free Commoner of England, and am thereby intailed or intituled unto an equall priviledge with your selfe, or the greatest men in England, unto the freedome and liberty of the Lawes of England."
William Thompson, 14. of December, 1647
Saturday, 18 June 2011
On the eve of destruction
Non-sequiturs abound in Nixon's infamous speech announcing the 'temporary' suspension of the gold backing for the dollar. This was the moment when the final barrier to world inflation was swept away.
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