This article is the second in a series of articles that seeks to provide the intelligent layman with sufficient knowledge of sound economic theory to enable him to understand what must be done to overcome the present financial crisis and return to the path of economic progress and prosperity. The first article in the series was u201CFalling Prices Are Not Deflation but the Antidote to Deflation.u201D Capital, Saving, and Our Economic Crisis Imagine an individual who is lethargic and lacks the energy to function at his normal level because of too little sleep. There are drugs that can make him … Continue reading We Need Capital Accumulation
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