Everyone must be wondering where this "unprecedented global financial crisis", (the World Bank's words), is heading. What follows, for what they are worth, are my cogitations on this crisis. Words: 1641
Read More »
von Mises once said, “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency involved” and just that is happening before our very eyes. Words: 2242
Read More »
munKNEE.com Your Key to Making Money