The Process By Which Banks Create Money

Few People At The Beginning Of The Nineteenth Century Needed An Adman To Tell Them What They Wanted.

Inventions That Are Not Made, Like Babies That Are Not Born, Are Rarely Missed.

There Is Little That Can Be Said About Most Economic Goods. A Toothbrush Does Little But Clean Teeth. Aspirin Does Little But Dull Pain. Alcohol Is Important Mostly For Making People More Or Less Drunk ... There Being So Little To Be Said, Much Is To Be Invented.

The Stock Market Is But A Mirror Which Provides An Image Of The Underlying Or Fundamental Economic Situation. Cause And Effect Run From The Economy To The Stock Market, Never The Reverse. In 1929 The Economy Was Headed For Trouble. Eventually That Trouble Was Violently Reflected In Wall Street.

The More Underdeveloped The Country, The More Overdeveloped The Women.