Hugo Salinas Price: Folly triumphant

Section:

By Hugo Salinas Price, Chairman
Mexican Civic Association for Silver
Thursday, January 22, 2015

The world today is in the hands of a set of quacks who pass themselves off as "economists." Their pseudo-economic science is nothing but ancient superstition dressed in modern garb. Yesterday they sold us "indulgences"; today they sell state bonds.

The whole spectacle should be riotously funny except for the fact that these quacks and their coterie of flatterers who grant them awards, distinctions, and Nobel Prizes have driven the world to the brink of destruction.

We behold a spectacle worthy of the satire of the great Erasmus of Rotterdam, who wrote his immortal "In Praise of Folly" in 1511. His treatise became the world's first best-seller -- all literate Europe read it and laughed. Laughter is an enormously effective demolisher of pomposity, as the semiologist Humberto Eco pointed out in his book "The Name of the Rose."

Would that we had an Erasmus around today to make the world laugh itself silly at the antics of the quacks who pass themselves off as economists, central bankers, and finance ministers. ...

... For the full commentary:

http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=2...



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