Article
The Money Printers Fueling Socialism's Rise
The Money Printers Fueling Socialism's Rise
Authored by David Stockman via the Brownstone Institute,
Here's a graph the Keynesians, statists, and Wall Street gamblers - yes, we repeat ourselves - would prefer not to explain. At the same time, it also explains why socialism at this late date in history - and after all its abysmal failures the world over - is having some kind of dubious second coming in America.
During the last three decades the national savings rate (red line) has essentially collapsed, having fallen from 6.3% of GDP in...
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