Interventionism

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Frank Shostak

Contrary to popular way of thinking, the threat to US economy is not the high level of debt as such but credit that is not backed up by real savings. Also, the fall in the money stock that precedes price deflation and an economic slump is actually triggered by the previous loose monetary policies of the central bank and not the liquidation of debt.

Jayant Bhandari

A real cultural transformation, which not only addresses the façade, but more importantly the roots can happen only through discussions, a thorough churning in the realm of ideas, something a society has got to go through to evolve.

There are no short cuts, and inherent in this understanding is a lesson for those who want to force freedom or whatever virtues on others.