Do Our Central Planners Really Believe This Will End Well?
by Eugen von Bohm-Bawerk via Bawerk.net,
ZeroHedge.com
Oct 7, 2016
With concepts like wealth effects (the illusion of being rich, when you are not) and propensity to consume, our leaders actually believe they can sustain economic prosperity without proper wealth creation. The future path is thus laid down for us and there is nothing we can do at this juncture to avoid the consequences of our past folly.
The Rest…HERE
