Already price inflation overseas is even higher than here at home as a consequence of foreign central bank’s willingness to monetize our debt…
July 10th, 2008 | Bill Bonner | 8 comments | ContinuedAll Posts Tagged With: "ron paul"
Capitalism Was Just Fine Until Politicians Got Involved
The genius of capitalism was described by Adam Smith more than 200 years ago: Let a man seek his own advantage; sometimes he will flourish. Sometimes he will flounder. But today almost every voter wants to stop free markets from doing what they do best: separating fools from their money. Everyone wants a softer cushion under his derriere and he’ll vote for the politician who offers it to him most convincingly.
February 25th, 2008 | Bill Bonner | 2 comments | Continued