“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 38 times, 1 visits today)
Related posts:
How Dare the Iranians Elect a Moderate!
Hacker faces 115 years in prison after lowering customers' cable bills
Chicago Commissioner Pleads With UN To Deploy Foreign Troops In US
Zambian Economist Blasts Bill Gates After He Calls Her Book 'Evil'
Keiser Report: Bitcoin is Beautiful
How an Illegal Shipping Container Reshaped the World Economy
How to Finance a Second Passport, and More…
Federal Agency Responses Reveal US Government Attitudes to Bitcoin
Obamacare Regulations Are 8 Times Longer Than Gutenberg Bible
Conservatives Were Wrong about Ending Stop-and-Frisk
The Next IRS Tactic vs. Expats and Accidental Americans?
Kucinich: Top 10 Unproven Claims for War Against Syria
Felony Friday: Man Charged For Killing Deer That Ate His Weed Plants
UK Police to Receive Hidden Browser History from Internet Providers
High schoolers help crippled cat walk again