"the point is liquidity, the point is liquidity, the point is liquidity."
Or as Andrew Mellon is reported to have advised Hooover:
liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate... it will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people
No comments:
Post a Comment