The really important question today is not whether the Bank of England encouraged manipulation of credit markets by self-interested rogues but why we tolerate systematic credit market manipulation by the central banks as a matter of policy: nowhere else in the economic system would we accept explicit planning of the price and quantity of a vital commodity. If it worked, we’d all be communists.
Leit
Áhugaverðar skoðanir
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Grikkland: Mestur hluti peninganna fór til að forða evrópskum bönkum
Í hvað fóru peningarnir, sem Grikkir fengu að -
Hjarta Pírata
Yfirlýsing kapteins Pírata felur í sér -
Bækurnar í sumarbústaðinn
Nú eru hinir björtu dagar sumarbústaðanna. Þar -
Gaman að gefa annarra manna fé
Eitt eftirlæti stjórnmálamanna er að láta taka -
Aðalmálin í skugga aukaatriða
Svo mætti byrja daginn í íhugun. Byrja í þögn.
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