If you want to know had badly Keynesian central banking has corrupted the financial discourse, just check into the current PC sensation of the week. We are referring to Ray Dalio’s punking of the very capitalism under which his $160 billion hedge funds has become the largest in the world and his net worth has soared to a tidy $18 billion. Yet Sunday night he told millions of “60 Minutes” viewers that the American Dream is dead, capitalism is in desperate need of reform and that wealth, income and opportunity maldistribution in the US is so severe that the President … Continue reading →
Source: Hey, Ray Dalio – LewRockwell