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Bill Moyers - '..crony capitalism.'

Posted by ProjectC 
<blockquote>'..we have neither capitalism nor democracy. We have crony capitalism.'
- David Stockman (2011)



'David Stockman former budget director for President Reagan, appeared on Bill Moyers and presented his message about money, Wall Street financiers, and crony capitalism.'

- Mish, Crony Capitalism and the Entitled Class of Wall Street Financiers; Bill Moyers Interviews David Stockman, Ronald Reagan's Budget Director, January 23, 2012</blockquote>


Context

<blockquote>'..fiat inflation is a powerhouse of social, economic, cultural, and spiritual destruction.' - Jörg Guido Hülsmann

'..ethics in particular .. absolute principle of ethics..'

'The true nature of the current crisis is not that of a currency..'

'Ethical problems of production .. the production of money.'

(Money production) - '..there are No "Miracle" Cures from Inflation.'</blockquote>