2.21.2009

MOAPP: The Mother of All Printing Presses

Portfolio magazine:
The $1.35 trillion that the Federal Reserve created out of nothing from September through December would stretch nearly to the sun and back if $1 bills were lined up end to end.

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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...