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huge jump in US national debt
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John Burns
Posted 1/21/2017 09:59 (#5783354 - in reply to #5783342)
Subject: RE: money for nothing and perpetual motion machines



Pittsburg, Kansas
So have most of the fallen empires citizens before us. They too drank the John Law's type koolaid of the day. It is all in history, repeated over and over. It is there for understanding for those who seek to know.

"Money for nothing" is a sweet sirens song. You have to be able to envision Bastiat's "forseen" to look far enouh ahead to see the eventual outcome. Few look that far ahead. His wisdom is as relevant today as it was over 200 years ago.

But human nature does not change.

John

Edited by John Burns 1/21/2017 10:02
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