“Our whole monetary system borrows prosperity from the future so that we can spend it today. When we do a bailout, we’re borrowing more prosperity out of the future just to prop up these zombie companies and zombie banks, and what that does is that all that prosperity is owed back just like our entire currency supply of the planet is all owed back plus interest. That means our prosperity is owed back plus interest.” – Mike Maloney
Jim’s Quote of the Day:
