Current Wisdom

Current Wisdom

Allan H. Meltzer on Hyperinflation

“The only way in which banking has changed after doing away with the Gold Standard is that hyperinflation has gotten worse.”

— Allan H. Meltzer, a professor of political economy at Carnegie Mellon University, speaking @ the American Enterprise Institute on October 28, 2009.

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Current Wisdom

Lord Monckton

“Complexity is the enemy of truth.”

—Lord Christopher Monckton at Accuracy in Media’s 40th anniversary conference on October 23, 2009.

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