The Process By Which Banks Create Money

According To The Experience Of All But The Most Accomplished Jugglers, It Is Easier To Keep One Ball In The Air Than Many.

In Numerous Years Following The War, The Federal Government Ran A Heavy Surplus. It Could Not (however) Pay Off Its Debt, Retire Its Securities, Because To Do So Meant There Would Be No Bonds To Back The National Bank Notes. To Pay Off The Debt Was To Destroy The Money Supply.

If You Feed Enough Oats To The Horse, Some Will Pass Through To Feed The Sparrows (referring To "trickle Down" Economics).

These Are The Days When Men Of All Social Disciplines And All Political Faiths Seek The Comfortable And The Accepted; When The Man Of Controversy Is Looked Upon As A Disturbing Influence; When Originality Is Taken To Be A Mark Of Instability; And When, In Minor Modification Of The Original Parable, The Bland Lead The Bland.

Change Comes Not From Men And Women Changing Their Minds, But From The Change From One Generation To The Next.