domingo, 20 de maio de 2012

MMT Summit Italy 2012 (10/14) - Bill Black - Formula for fraud

Guns and Butter - April 4, 2012

"Formula For Fraud" with William K. Black from the first Italian 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.

Read Transcript here :