"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
The Sheriff Of Nottingham's Banking Heirs Strike In Germany
Submitted by A. Magnus on Wed, 2014-11-05 01:00
"Miguel de Cervantes’ novel is brilliantly entertaining. But the modern-day monetary equivalent is not so much. Central bankers today have an equally delusional view of the world. Just three months ago, Mario Draghi (President of the European Central Bank) embarked on his own Quixotic folly by taking certain interest rates into NEGATIVE territory. Draghi convinced himself that he was saving Europe from disaster. And like Don Quixote, everyone else has had to pay the price for his delusions."
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