Friday, July 27, 2012

Oliver North Weighs In

Ollie knows history.

Wednesday, July 25, 2012

Credit Expansion

“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