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I think that "Profit" - or at least that type of Profit described by Adam Smith as  "Pernicious Gain"  (ie "Rentier" profit) - is one of the two causal mechanisms for inflation, the other being to base of Credit on deficit.

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Mon Mar 3rd, 2008 at 06:48:25 AM EST
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