Sunday, August 13, 2017

A Harsh Warning: The Truth Will Out


1 comment:

  1. Another example would be the ABCT, the truth of which is apparent following each Fed-induced artificial boom.

    The problem with "the truth will out" is whether everyone will actually perceive what the truth is, even though it's staring them in the face. It doesn't seem that way. Many excuse the Soviet, Venezuelan, North Korean and Cuban socialism failures as just instances of the wrong people being in charge or the wrong type of socialism being attempted. Keynesians see business cycles as an unexplained falloff in aggregate demand. Etc.