How an Economy Grows and Why It Crashes by Peter D. Schiff

How an Economy Grows and Why It Crashes by Peter D. Schiff

Author:Peter D. Schiff [Schiff, Peter D.]
Language: eng
Format: epub, mobi
Publisher: John Wiley & Sons, Ltd.
Published: 2010-04-28T22:00:00+00:00


He preached, “My fellow islanders, the storm we have just been though has wrought untold hardship on our people. Many of our citizens are now hutless and fishless.

We cannot stand idly by and do nothing. If elected, I will institute a government reconstruction program for our neediest citizens to repair the damage. But he assured the citizens that the cost of the construction would be paid for by the economic activity the spending generated.

His opponent, Grouper Cleveland, offered nothing, except wise stewardship of the island’s savings and a promise not to interfere with the liberties of the citizenry.



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