Sublime

Chinese proverb says wisdom begins with calling things by their right name.

the Federal Reserve issued up to 2½-times more receipts than gold

as the trend progresses, it comes to be understood that the central, underlying system that is being corrupted is the currency, that most of today’s political and financial malfeasance depends on easy money, and that inflation is an ongoing policy of this pervasive new regime. When this realization becomes sufficiently wide-spread, the trends towar

Ludwig von Mises, a pioneer in the Austrian School of economics, called this sudden loss of faith in a fiat currency a “crack-up boom,” and historically it has spelled the end of the currency in question.

As for tried-and-true business practices being supplanted by “innovations,” consider the fact that no major country balances its budget any more, while all engage in historically-unprecedented deficit spending and money printing.