The real solution to the debt problem

posted by
September 18, 2011
Ludwig von Mises Institute
by David S. D'Amato  
Posted in Commentary

"Today, on the heels of a debt ceiling increase calculated to forestall a federal-government default, we both are witnessing and are yoked to the many indispositions of what could be characterized as a permanent debt economy. The Federal Reserve System, as the radix and arguably most defining component of the American economic paradigm, is fostering a scourge on productive activity that has metastasized through society to a now-catastrophic degree." (09/16/11)  

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