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How Our Economy Became So Twisted —‘The Great Deformation’

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Federal Reserve Ponzi Scheme

Credit: Deesillustration.com

by James Hall, 21st Century Wire

One sage of economics is mostly ignored because he dares to reject the Keynesian economics doctrine that is so essential to maintain the debt slavery milieu. The last hundred years fostered the dominion of the banksters.

The economic future is bleak for humanity as long as the fraudulent monetary system of fiat money is allowed to continue. But before this conclusion can become a commonly accepted cultural axiom, the historic context needs to be understood by present generations.

Detlev Schlichter’s review of The Great Deformation – The Corruption of Capitalism in America, by David A. Stockman, makes a strong case why his economic acumen is sorely under appreciated.

“Stockman puts his unsentimental assessment of America’s present reality into a broader historical context. Stockman identifies correctly the act of original sin that led America astray from the path of broadly free market economics and limited and fiscally responsible government, namely the abandonment of sound money.”

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© 2014 21 Wire Media

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