The View From 1776

§ American Traditions

§ People and Ideas

§ Decline of Western Civilization: a Snapshot

§ Books to Read

§ BUY MY BOOK

Liberal_Jihad_Cover.jpg Forward USA

Thursday, September 12, 2013

Savings vs. Borrowing

The Federal Reserve’s Keynesian economists believe that savings is bad and that borrowing more than you can repay is the route to economic salvation.