Friday, March 28, 2014

David Gordon on "The Great Deformation"




I agree with Gordon's take here.  I have called the book the most important book coming out of the recent financial crisis. Stockman squarely puts the blame, where it belongs, on the Federal Reserve, but more important, he explains why it was completely unnecessary for the government to bail out Wall Street banks that were caught up in the crisis. It's a must read.

Buy the book here.