Economic Fascism and the Bailout Economy

“Economic Fascism and the Bailout Economy”

by Gary North

“The American conspirators have lost the one thing that they thought they had: control over the nation and the nation’s finances by means of the fractional reserve banking system. That system is coming unglued, just as Ludwig von Mises said it would, just as Murray Rothbard said it would, and just as those other Austrian economists who understand the enormous weakness of the fractional reserve system had said would eventually take place.

I wonder sometimes if there is anything coherent remaining in what is generally called the conservative movement. Do any of these people have a clue as to what has been taking place? We are seeing the disintegration of the fractional reserve banking system all over the world. It is being held together by bailouts, which are the government equivalent of bailing wire and chewing gum.”

[Download PDF]

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~ by rechelon on April 24, 2010.

2 Responses to “Economic Fascism and the Bailout Economy”

  1. Can you please fix the PDF so the pages are in order. Perhaps I am dense, but I could not figure out the correct arrangement of pages.

    • This site is a resource for activists, the PDFs are intended to be imposed for printing into a booklet and then read, not read online. See the side bar for instructions on how to print. All these texts are already available for reading online elsewhere.

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