"...several financial seers — Marc Faber, Jim Rogers, and Peter Schiff among them — saw gold’s rise as inevitable and linked it directly to the massive ongoing issuance of cheap money by the Federal Reserve and other central banks."
The interesting parallel to today is the ancient regimes’ use of “intellectuals” as court propagandists. The same model exists today. The propagandists who led our country to its current dismal state, it seems to me, are economists. Today’s metaphysicians are called economic advisers. The Keynesian model is their tool for increased and activist government.
Socialism has failed in its pure form wherever it has been tried. Now it has failed in its modified form. While much of the world realizes this, President Obama is either ignorant or has more sinister plans for the country.