“None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.” Has BeensProblemAmericaEuropeCrisisDebtMore MoneyPrintingDelayedEurope And America 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
