CONTEXT ADDED BY ADMIN: END OF CONTEXT I did however . . . after hearing endless droning about Randian philosophy . . . go read what that "philosophy" was. I found it was basically a classical liberal that did not give a #badword# about his fellow man. Kind of like a demon Jefferson. I reject her objectivism on the basis of my understanding of biology and the nature of humans. There is bad, but there is not a total self-centeredness to us. I am sure there is some Greek dude that is the beginning of all this . . . as is usual. Ayn is just a bad iteration of old ideas.
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There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. Human Action - Mises
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