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But in fact there can no more be a shortage of money than there can be a shortage of kilogrammes or metres.

But the insidious reality is that such a shortage of money can lead to people not being able to work exclusively on the basis of lack of money. It's as if you couldn't buy groceries at the market because the merchant has run out of kilogrammes.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan

by Migeru (migeru at eurotrib dot com) on Sun Jun 6th, 2010 at 11:17:17 AM EST
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