"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Fed Can Only Fail
Submitted by Melinda L. Secor on Sun, 2013-10-27 01:00
"The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be 'normal.' But the problem is – or the predicament, I should more accurately say – is that the recent past was not normal."
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