
“Today, most of the First World is in the midst of an economic crisis that has been caused by debt. That debt has been the product of bankers and governments working together. History shows us that the present situation is not an accident. It is the repetition of a very successful method by which bankers, with the complicity of governments, create boom-and-bust cycles; cycles that, whilst damaging for nearly all citizens of a country, are very profitable for those who create the cycles. A brief read of the history above suggests that there will be no ‘solution,’ as no solution is intended by those who have created the problem.”
http://www.internationalman.com/global-perspectives/the-bank-was-saved-and-the-people-were-ruined
Related posts:
Jeffrey Tucker: Mises Can Save the World
Driver’s Taxes and Other Money-Grabbing Schemes Throughout History
The Politics of Fear in America: A Nation at War with Itself
Humanitarian Murder: It’s a Gas
Singapore: A Case of Libertarian Orientalism?
Factory-Like Schools Are the Child Labor Crisis of Today
The Worst Law Most Americans Have Never Heard Of
How the Silk Road Shutdown Makes Everyone Less Safe
Obama Thinks Americans Don’t Need to Know
Cellphone unlocking is the first step toward post-SOPA copyright reform
I, Thanksgiving Dinner
Why Expansionist Central States Inevitably Implode
How Snowden's Revelations Have Strengthened the NSA
Free Money for Everyone
Government Against the People: It Gets Worse In the Late Stages