Postmodern Central Banking
Central banks’ response to the Global Financial Crisis has fundamentally inverted their role in the economy. Institutions that were designed to limit credit creation and prevent the monetization of government debt now view their mission as doing the opposite. Central banking has become so abstracted from its original purposes that people must strain to remember what they actually were actually created to do.
http://thesoundingline.com/post-modern-central-banking-several-abstractions-too-far/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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