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A good read.

There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
–John Adams, 1826

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    derrybderryb Posts: 38,604 ✭✭✭✭✭
    "The Fed, the ECB and lately even the BoJ have gone “all- in” in their fight to ensure that after a grotesque explosion in credit, insolvent governments and private sector banks will be defended to the very last taxpayer."

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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