You see, dear reader, we do not believe in the perfectibility of man and his institutions. Instead, we see material progress. Man’s machines and inventions get better. But man himself?
March 3rd, 2010 | Bill Bonner | 6 comments | ContinuedAll Posts Tagged With: "paper currency"
US Dollar As Reserve Currency Not Working Very Well
Their report makes some of the right noises, “The dollar-based reserve system is increasingly challenged.” Hmm, a slight understatement there. If “increasingly challenged” is a euphemism for “dead” then we’d agree.
But we don’t think that’s what they mean.
September 10th, 2009 | Kris Sayce | 38 comments | Continued
