On Sun, Jun 2, 2013 at 12:32 PM, S. Dale Morrey <[email protected]>wrote:
> > The fed arose out of a series of financial crisis that the USA was > undergoing at the time. It was authorized because of technocratic > thinking, that is to say the people of the day believed that the best way > to manage the money supply is to use people who manage money for others, to > manage it for us. > > > So, out of this we got an institution that has presided over the two worst recessions in this country's history. > PLUG: http://plug.org, #utah on irc.freenode.net > Unsubscribe: http://plug.org/mailman/options/plug > Don't fear the penguin. > */ > -- "The legitimate purpose of formalization lies in the reduction of the tacit coefficient to more limited and obvious informal operations; but it is nonsensical to aim at the total elimination of our personal participation." -- Michael Polanyi /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
