Let It Be Known That No Financial Crisis Was Ever Caused by Stable Money

By Nathan Lewis – No economic crisis was ever caused by stable money.

The purpose of funny money is to solve some kind of problem whose fundamental cause is typically not monetary at all. For example, we are now in a process of trying to solve a bank insolvency crisis, an unemployment problem, and a fiscal deficit problem, with a monetary solution. more> http://tinyurl.com/dy69798

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