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David Stockman: "The American Empire and The End of Sound Money" - From His NEW Book: 'The Great Deformation', Chapter 12

David Stockman: "The American Empire and The End of Sound Money" - From His NEW Book: 'The Great Deformation', Chapter 12

Submitted by Tyler Durden | 05/15/2013 | 22:04 -0400

In Chapter 12 of David Stockman's new book The Great Deformation, the outspoken truth-sayer discusses the realities of the end of the gold standard - from the the Bank of England's 'default' in 1931 to the 1960 London Gold panic (a shot across the Keynesian bow) and on to Nixon and Bretton Woods, Stockman explains how we are constantly deferring the day of reckoning...

Read more: http://www.zerohedge.com/news/2013-05-15/david-stockman-amer...

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