A COMMENT ON THE PAKISTANI BLOG

http://thepakistaniblog.blogspot.com/

A year ago in Pakistan, I had an opportunity to discuss this thing called liquidity, with a gentle man named Asif Beg. And I predicted this current crisis, of course him being a man of finance, he thought of me a fool.

As long as the rich do not pay taxes, and governments are forced print money to support themselves problems of poverty, unemployment, hunger etc. can not be resolved.

The rich do not create jobs to support the poor. rich create jobs to steal money from the government, at time through the poor, when a government prints money to stay in power. In the long run chaos is inevitable. It is evident in Pakistan today as it is evident here in the United States, with unrest and hyper inflation to follow.