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Thursday, August 16, 2012

''Book Review: The Golden Revolution''

From Daily Capitalist
By Keith Weiner

''There are many books on the market today about the coming collapse of the global dollar-based monetary system.  Many of them purport to help the reader “profit” from the collapse(!)  Others are filled (just like the blogosphere from which they often come) with dark, conspiratorial whispers, psychologizing of leaders in government and finance, and preposterous ideas about how people actually think and act.  They often contain policy prescriptions that consist of doing more of what caused the problem in the first place: politicizing banking and trading with even more regulations, taxes, prohibitions, agencies, etc.

I have not written a book review before now because I think those books are misguided.  The nihilistic envy of corporations and banks is a part of the problem and not the solution.  The idea that “real estate, stocks, and bonds have had their bubbles and now it’s our turn” is naïve, at best.
 
The Golden Revolution by John Butler is not cut from the same cloth.''

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