“Yes, the Hamiltonians are moving in, and they’re bearing the gifts of ‘Modern Banking’. Those gifts include: Inflation, Credit Expansion, Business Cycles (Booms/Busts), bailouts, and broken financial lives.  Iraqis can probably expect to see ads for some sweet and exotic loan packages in their future. And if they’re lucky, perhaps some American mathematical ‘economists’ will fly over to teach them about the advantages of a 4% inflation rate over a 2% rate. If Iraqis are really lucky, they’ll learn the time-tested secrets that ‘deficits don’t matter’ and ‘debts never have to be repaid’.  Yes, the corrupt days in Iraq are about to wind down for sure.”

http://www.economicpolicyjournal.com/2013/07/kicking-iraqis-when-theyre-down.html

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