Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Friday, October 29, 2010

A Look Behind the Scenes at Quantitative Easing

Nobody has covered the Greenspan Depression any better than Mike Whitney. He too thinks the recent "easing" policy [1] has more to do with China and globalization than fear of deflation.

[1] For explanation please scroll down the blog to "Quantitative Easing, and..."