How to Get Out of Expansive Policies
“I’ll break away, yes I’m on my way”
—Journey
There is nothing easier to do than to print money.
It feels great at first. Lord Keynes stated that, through monetary policy, they had found the way to turn stones into bread. There is plenty of wealth around, and the government can create all the money it needs to suits everyone’s requirements. It simply does not work. And citizens and voters all over the world feel financial repression and are reacting against it—maybe not understanding its cause—more and more radically.
If there is one thing that strikes me as crazy about this time of uncontrolled debt, it is that mainstream media remains convinced that spending and stimulus policies are “social.” ...
Get Escape from the Central Bank Trap, 2nd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
