The Obvious And The Inevitable: The Basis Of The Banking Crisis And The Guilt Of The State – OpEd
Published
Unequilibrium monetary stimulation and the pumping of the economy with unproductive money has led to the inevitable: a depreciation of what is too much and a dramatic decline in the capacity of the holders of this surplus.
Exchanges of goods are shrinking both in length and breadth – the range of exchanged goods is...