|
|
DR. MARK W. HENDRICKSON: BERNANKE AND THE POTEMKIN ECONOMY |
Bernanke’s repeated attempts to patch over the nation’s economic weakness, rottenness, and dead wood with newly created dollars remind me of the ‘Potemkin village’ ruse. The Soviet communists duped foreign visitors into thinking that communism was a viable and prosperous system by steering them to sham factories, stores, villages, etc. that appeared productive, bustling, and attractive. In reality, Potemkin villages were like movie sets, built to disguise the widespread poverty and backwardness that characterized life in the ‘workers’ paradise.’
READ MORE...










