“The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.” IfsWorldNeedsDoneEconomyCivilizationSpendingConsumersSpending MoneyWorld Economy Author:Bill Bonner
“Printing up extra money - with no backing - used to be the sort of thing only counterfeiters did. Now it is done by the central bankers and Treasury Secretaries themselves. They don't apologize for it. They don't hang their heads and contemplate blowing their brains out. Instead, they're proud of it... announcing that they 'saved civilization,' or some such claptrap.” DoneUsedBrainProudCivilizationSavedUsed To BeExtrasContemplatingSecretaryApologizingBankersPrintingTreasuryAnnouncing Author:Bill Bonner
