Frederick Hayek Predicted 2011 In The 1930s |
| June 22, 2011 | June 2011 Bond Updates |
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"Instead of furthering the inevitable liquidation of the maladjustments brought about by the boom... , all considerable means have been used to prevent that readjustment from taking place; and one of these means, which has been repeatedly tried though without success, from the earliest to the most recent stages of depression, has been the deliberate policy of credit expansion." |
| View more at: http://blogs.forbes.com/robertlenzner/?p=4122 |
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