Correcting Mistakes and Punishing Errors
Sep 28th, 2009 | By Bill Bonner | Category: Politics & EconomicsIt is a gray morning, here in London. We sit in the building with the golden balls, look out the window, and wonder…
…how does it all work?
It is a gray morning, here in London. We sit in the building with the golden balls, look out the window, and wonder…
…how does it all work?
Just because an economist or a central banker says something, it doesn’t make it so.
Life’s about to get much tougher…for all of us…It’s that R-word again. Loose talk of a ‘recession’ has been bandied about for some time, particularly amongst those of us who keep a keen eye on what’s happening in both the money markets and the high street.
Why don’t they do what they know they should, especially since the freaking Constitution of the United States of America requires that money be only of only silver and gold, so that a fiat currency would be impossible?