Remove 2002 Remove capital Remove economic growth Remove sustainability
article thumbnail

A Samurai, a Knight, and a Yankee

Entrepreneur's Handbook

Let’s listen to former Fed Chairman Ben Bernanke in a 2002 speech he gave before the National Economic Club. Anyone who bought government bonds becomes a loser in real terms, as these schmucks are used to pay for the un-economic investments of the past. Private and public pensions are the easiest pools of capital to rob.

energy 135