Politicians Have No Skill or Honor to Manage the Economy

Asking the state to manage the economy through central Banking is a case study in what happens when the fox guards the henhouse. Why is the euro destined to fail, and why will the dollar and United States financial system collapse, if we do not change course? Once again, Charles Hugh Smith provides the answers in this superb piece. When you put major economic power in the hands of government, rather than a free market, you inevitably turn financial decisions into political decisions and Read more […]