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Wayne (173.191.131.106) on 12/4/2011 - 8:54 p.m. says: ( 31 views )

"What a broken #badword#ing system this is . . . "

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pays to be one of the chosen . . . evident again and again and again.

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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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