Is Default the Solution?

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Samarami's picture

Gary North:

    "...Here it is: Keynesianism's bait and switch. Usually, it is applied to thrift. It is called the paradox of thrift. If everyone saved more, we are told, it would cripple the economy. But the point of the free market is that individuals decide. They do not make the same decisions at the same time...

http://lewrockwell.com/north/north1032.html