Lending without Saving Brings Recession and Poverty
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
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Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Instead of fearing another government shutdown Americans should be hoping and praying for one – and
“There was no ‘classical’ liberalism, only a single liberalism, based on private property and the free
War is the outcome of class conflict inherent in the political relationship — the relationship between