Wednesday, March 25, 2009

Root Causes

While some people are debating whether our current economic crisis was caused by amorphous human emotions like "greed" or "evil", I submit that at the root, the issue is something far deeper - a system that encouraged and incented the behaviour that has caused such turmoil. And all of the bailouts and purchasing of "toxic debt" will only worsen it in the long run.

The problem is with "money":


Testimony of Dr. Lawrence Parks on the MT Sound Money Bill (HB 639) from Constitutional Money on Vimeo.

(h/t to Strike the Root)

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