EUROPE: Everything Old is New Again…Sort Of “

Posted by The National Investor

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thTo be clear on the whole matter, we must realize that fundamentally there can be only two views as to the purpose of money. There may be a thousand intermediate shades of opinion, but, eventually, one is forced back into the position of having to decide whether money exists for man, or man for money; whether money is merely a symbol of real wealth enabling commodities and services to be exchanged, or whether it is the determinant of all industry by the criterion of which production and distribution must be regulated…”

– William Joyce (“Lord Haw-Haw”) from his book Twilight Over England

 

the first chart in this article HERE tells a remarkable story in itself  – Editor Money Talks