Sunday, June 15, 2008

Central banking threatens Asia

Central banking has infected almost every nation on earth, so it's a matter of logic that every nation prone to their bank's misallocation of resources will go through the illusory phase of good times followed by disaster. And given that more inflation is seen as the cure for past inflation, it's hardly surprising to see headlines such as "Inflation dangers 'threaten Asia.'"

No comments:

Eyes of Fire: Thomas Paine and the American Revolution (long version)

Thomas Paine and the American Revolution                                 A Screenplay by George Ford Smith FADE IN: EXT. COLONIAL BOSTON - O...