“Throughout the 1920s, Austrian economist Ludwig Von Mises predicted the collapse of the German Mark as well as the stock market crash of 1929. In 1931, after the initial crash, he also predicted that central bank interventions through interest rate increases and other measures would prolong the disaster rather than end it. Mises saw the danger well in advance, but he was ignored until it was too late (…)” Brandon Smith, The Establishment Must Undermine Alternative Economists As Crisis Unfolds
“As is often the case, mainstream gatekeepers in economics promote false data as a means to ‘mold’ public perception, thus aiding central banks and governments in inflating financial bubbles and perpetuating destructive fiscal practices. But once the fantasy comes tumbling down, they still seek to remain relevant.”
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