Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

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Ponzi Scheme Unravels
Ponzi Scheme Unravels By Monty Pelerin , posted December 25th, 2009 http://www.economicnoise.com/2009/12/25/wake-up-santa-is-not-real/ What the Economy Needs “… all Ponzi schemes eventually fail under their own weight. The US debt scheme...
The Fed Is Nothing But An ATM Machine
By Monty Pelerin , posted December 3rd, 2009 http://www.economicnoise.com/2009/12/03/the-fed-is-nothing-but-an-atm-machine/ The Fed has reached the point where there are two choices — Allow the government to shut down or allow itself to be the Treasury’s...