Archive for April, 2008


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Kamin’s Fifth Law

30 April 2008

Kamin’s Fifth Law Purchasing power of currency is always lost far more rapidly than ever regained. (Those who expect even fluctuations in both directions play a losing game.) Murphy’s Laws Collection : Sanjeev.NETwork

Kamin’s Fourth Law

29 April 2008

Kamin’s Fourth Law Government inflation is always worse than statistics indicate: central bankers are biased toward inflation when the money unit is non-convertible, and without gold or silver backing. Murphy’s Laws Collection : Sanjeev.NETwork

Kamin’s Third Law

28 April 2008

Kamin’s Third Law Combined total taxation from all levels of government will always increase (until the government is replaced by war or revolution). Murphy’s Laws Collection : Sanjeev.NETwork

Kamin’s Second Law

27 April 2008

Kamin’s Second Law Threat of capital controls accelerates marginal capital outflows. Murphy’s Laws Collection : Sanjeev.NETwork

Kamin’s First Law

26 April 2008

Kamin’s First Law All currencies will decrease in value and purchasing power over the long term, unless they are freely and fully convertable into gold and that gold is traded freely without restrictions of any kind. Murphy’s Laws Collection : Sanjeev.NETwork


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