
“It’s extremely late in the day. Since World War II, and especially since 1971 when the link between the dollar and gold was broken, governments around the world have accepted the Keynesian theory of economics, which boils down to a belief that printing money can stimulate the economy and create prosperity. The result has been to create huge amounts of individual and government debt. It’s become insupportable. All it has done is purchase a few extra years of artificial prosperity, and we’re heading deeper into a very real depression as a result.”
http://www.theaureport.com/pub/na/14199
Related posts:
Bahrain, a Brutal U.S. Ally
Oliver Stone Was Right about the CIA
Here’s a risk to stocks you’ve likely overlooked
Who's Your Guy: Obama or Manning?
Obama’s Drone War Could Legally Kill Americans But Not Anywhere
The Detroit (or New American) Yard Sale … Coming to a City Near You
Mocking Obama, Romney, and the Rest of the Political Clowns
From Obamacare to Single Payer – We Told You So
German Government Takes Off Mask, Emerges As Fascist Dictatorship
California D.A. Pockets Elderly Couple's $500,000 Bail Bond Money
The Head of the Cyprus Central Bank is Named Panicos (Panic Us).
The Most Dangerous Conspiracy of All Time
Judge Napolitano: A Conspiracy of Silence Assaults Privacy
On The Fed's (Tentative) End to Bond Purchases in October
Government Imposed Disaster: Price Controls in the Wake of Sandy