Friday, May 18, 2012

JPMorgan Chase and Central Banking

Mises Daily : Mises Institute on Austrian Economics and Libertarianism

Rather than promoting an efficient allocation of real savings, the current so-called deregulated monetary system has been promoting the channeling of money out of thin air. In order to reduce a further weakening of the real wealth-generation processes, it is necessary to introduce tighter controls on banks.
Sent with Reeder

No comments:

Post a Comment