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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