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Inflation, stagflation and money supply : Comments
By Jonathan J. Ariel, published 20/6/2008Book review: 'The Trillion Dollar Meltdown' reveals the failings of some can have devastating repercussions on many.
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Trouble is, the sheeple will once again be forced to pay the price for the hubris, greed and complete indifference to the suffering of others by the amoral, 'executive' employees of the huge global financial accounting and management consulting firms, stock broking companies, private banks, government Treasury and Finance bureaus and the like who peddle the free market mantra. And then there are the well-rewarded, sinecured pedlars of the latest econometric theory from academe, 'executive fellows' of private, right-wing think tanks and 'financial/economic journalists' willing to peddle it around the marketplace.
Hang onto your hats folks, its likely to be a long and bumpy ride. And maybe ...just maybe, there might emerge from the smoke, rubble
and struggle, a more humanistic mode of social production and distribution of what is left of the world's natural resources.