It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday 30 June 2013

Thanks to TraderMoe for this link. I frankly find it astounding that only now are academics beginning to consider that monetary policy can create credit bubbles.Where have these guys been living the last 30 years ?


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