"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
How Governments Distort the Value of Money With or Without a Gold Standard
Submitted by Jad Davis on Mon, 2011-05-30 00:00
". . . market distortions – from the tech bust in 2000-01 all the way back to Tulipmania during the Dutch Golden Age of the early 1600s – all find their origin in monetary meddling of one form or another. The asset class affected may vary, in other words, but the culprit – namely, governments who manipulate the money supply – is always the same."
1
Your rating: None Average: 1 (2 votes)
- Login to post comments
User Login
Search This Site
Recent comments
-
Straight out of the communist playbook, as per Saul Alinsky...5 weeks 5 hours ago
-
It's certainly a step in the right direction.12 weeks 6 days ago
-
They may be in control of someone else. But they are NOT in...13 weeks 3 days ago
-
More prescient than one would have realized after the experi...13 weeks 5 days ago
-
http://www.informationliberation.com/?id=6333537 weeks 3 days ago
-
“Madness is something rare in individuals — but...41 weeks 4 days ago
-
I wouldn't be surprised to learn that it's some kind...41 weeks 4 days ago
-
And they're just the ones that got caught.41 weeks 4 days ago
-
The fruits of Marxism: Complete and total insanity.1 year 5 days ago
-
Fortunately, he now has the money and the influence to not n...1 year 19 weeks ago
more