“There is no avoiding what the Bank for International Settlements has just demanded. The top men at that august institution are demanding a global depression. And just to ensure that people especially in the West are thoroughly confused as they slip into starvation and despair, Austrian economics has been brought back into the argument. Free-market proponents didn’t cause this disaster. Central bankers did, with their insistence on price fixing and monetary expansion. Determined to control all the elements of globalism, and keep them in place, they printed tens of trillions to stop a meltdown that must inevitably occur. By stretching it out, they prolong the agony for billions.”
http://www.thedailybell.com/29288/Staff-Report-BIS-Demands-Global-Depression