Quote from: perky on February 11, 2012, 07:14 amQuote from: pine on February 11, 2012, 07:03 amAwesomesauce!I also recommend adding "Economics in One Lesson" by Henry Hazlitt to your reading list if you haven't already.Link? or can i just google it pineIt's widely available online and offline, I won't give you a direct link because I'm not sure how sensible giving people direct download links is on here. QuoteThere are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: 'In the long run we are all dead.' And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.Very relevant today I think, with the BOE setting around yet another round of pointless quantitative easing.The economy is a credit junkie. It has a high tolerance for expanding the supply of credit. Best thing would be to go into rehab and hibernate for a while to get that shit out of your system, but unfortunately politicians are all too ready with the next hit. Sure you'll get some short term relief, but eventually the economy will convulse into an overdose. With some luck I am completely dead wrong on this.