"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Bernanke and the Holy Grail
"For at least the last three centuries, economists have had ample evidence that fiat money -- another name for the paper government orders us to use in exchange for real goods and services -- has a short lifespan. It exists because it's easy to create, and when money is easy to create, it gets created -- for the benefit of some at the expense of the rest of us." Column by George F. Smith.
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