American Chutzpah
May 20, 2021
I just got a “valued customer” solicitation letter from American Bankster (er, I mean, American Express) about how to “make the most of your future” with their “high-yield savings accounts.” The interest rate is 0.40% (before taxes and price inflation).
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
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