Excellent, the most comprehensive and coherent account of the causes of the crisis so far.
Posted by: filip | Dec 21, 2012 11:35:42 AM
Extremely well done. Nailed it.
Posted by: FrankZ | Dec 21, 2012 2:44:10 PM
http://www.scribd.com/doc/117803160/Article-2012-Calm-Before-the-Storm
“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an
instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically, it
belongs in the same class with political constitutions and bills of rights.”
The Theory of Money and Credit
(1912),Austrian economist Ludwig von Mises
Posted by: beyonce | Dec 23, 2012 11:41:21 PM
It is impossible to grasp the meaning of money--either specie or currency--if you do not understand that like every type of power, that power exists only in the minds of those who believe in it. If tomorrow everyone believed I was King, I would be King, all of the rest of it would be paperwork, including my abdication.
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Comments
Excellent, the most comprehensive and coherent account of the causes of the crisis so far.
Posted by: filip | Dec 21, 2012 11:35:42 AM
Extremely well done. Nailed it.
Posted by: FrankZ | Dec 21, 2012 2:44:10 PM
http://www.scribd.com/doc/117803160/Article-2012-Calm-Before-the-Storm
“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an
instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically, it
belongs in the same class with political constitutions and bills of rights.”
The Theory of Money and Credit
(1912),Austrian economist Ludwig von Mises
Posted by: beyonce | Dec 23, 2012 11:41:21 PM
It is impossible to grasp the meaning of money--either specie or currency--if you do not understand that like every type of power, that power exists only in the minds of those who believe in it. If tomorrow everyone believed I was King, I would be King, all of the rest of it would be paperwork, including my abdication.
Posted by: Richard Girard | Dec 27, 2012 6:21:07 PM
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