“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
(Visited 39 times, 1 visits today)
Related posts:
Texas: Court Finds Breath Mints Are Evidence Of DUI
Google Now Offers End-to-End Encryption on Email
Fake cop scams seniors out of nearly half a million dollars with faux ‘sting operations’
Tennessee judge changes baby’s name after ruling it a conflict with her beliefs
US Drug Policy and the Border Child Immigration Crisis
FBI: nearly twice as many renunciations in first seven months this year
Oakland, California Raises Then Shortens Yellows for Revenue
Russia Issues International Travel Advisory to Its Hackers
Homeland Security Admits Backpack Explosive Drill Planned Before Boston Marathon
It’s time we saw economic sanctions for what they really are – war crimes
Missouri senate votes to stop issuing driver’s licenses after concealed carry records leak
Tax Collectors Grow More Aggressive; Payers Caught in the Middle
Gov. Christie Threatens NJ Residents With Post-Storm Tax Hikes
Doing Business In Greece
EU Moves to Monitor Uploads, ‘Censor’ Memes, ‘Tax’ Website Links