Garet Garrett warned of uncontrolled public debt in 1931, and still the lesson has yet to be heeded. A crisis of interventionism, as termed by Ludwig von Mises, is fast approaching.
Posts Tagged ‘house’
The Objective of International Price Stability
John Maynard Keynes defends his proposal for a world currency and international clearing house. These proposals came during the Bretton Woods agreement, which would eventually establish the International Monetary Fund. Today, talks ensue on creating a global and international reserve currency.
