An entertaining and tongue in cheek article at Zero Hedge on the global dash to currency debasement featuring, amongst others, one Bernie Madoff :
“I would like to express my sincere gratitude to many of the participants in this forum. Without their undying support for so many years, my achievements would not have been possible. They deserve much of the credit for making the modern paradigm of this fascinating art possible. As you all know, Ponzinomics were invented by Charles Ponzi some 100 years ago. Who would have thought that the genius of this humble man would become the driving force behind today’s global financial markets. Dick, before I forget, would you please be good enough give me the number of that Real Estate lawyer in Palm Beach.”
Zero Hedge recommends the following new book if you are a bit rusty on the basics of ruining your country :
great post as usual!