Ivory Insights
Monday, August 29, 2011
No More $$ Bullets: From Paulson's Fannie-Freddie "Bazooka" to Bernanke's QE "Stink bombs"
Modern capitalism, at its core, relies on the public's trust of fiat money and the sanctity of contract. QE, a form of state-sponsored theft, makes a mockery of both those cardinal concepts.
Well worth the full read.
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