Wednesday, April 4, 2012

Guns and Butter -- 2012 Apr 04 WE

"Formula For Fraud," with William K. Black at the economic Summit On Modern Money Theory in Rimini, Italy.

How to become a billionaire - the four necessary ingredients in the recipe for fraud; the three sure consequences of banking control fraud; gutting of the underwriting process; Gresham's Law; The Business Roundtable; hyperinflation of a bubble.

Part one ends somewhat abruptly, like in the middle of a sentence.
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