Sep 262010
From the Daily Reckoning:
Whatever shards of monetary wisdom were still lying on the ground intact in 1971 have since been ground to dust. Now, Ben Bernanke strives as diligently to destroy the dollar as Paul Volcker did to protect it. And another generation awaits a whack on the knuckles.
“a whack on the knuckles.”
We should be so lucky. I will be thrilled if this is the relative extent of it.
Unfortunately, only few percent of the population even recognize the problem, and it seems even less actually have an idea of the severity of what is coming.