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Central Bankers Are Losing Faith In Their Own Alchemy 

By: capt_nemo in POPE IV | Recommend this post (3)
Fri, 30 Dec 16 2:14 PM | 63 view(s)
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"The idea that paper money could replace intrinsically valuable gold and precious metals... was both revolutionary and immensely seductive. It was in fact financial alchemy - the creation of extraordinary financial powers that defy reality and common sense. Pursuit of this monetary elixir has brought a series of economic disasters - from hyperinflation to banking collapses."

http://www.zerohedge.com/news/2016-12-29/central-bankers-are-losing-faith-their-own-alchemy




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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