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U.S. isolated and bankrupt

Director | August 13, 2010

“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” Ludwig von Mises Today […]

Category: Global Economy, Obama Administration, U.S. Economy | 4 Comments »
Tags: cap and trade legislation, Federal Reserve quantitative easing policy, Global Economy, United States is isolated

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U.S. isolated and bankrupt

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