Another smart guy worth mentioning is Jim Rogers.
Jim Rogers on CNBC: ABOLISH THE FEDERAL RESERVE and Bernanke
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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." |
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Above link is broken, but the video can be found here:
http://www.youtube.com/watch?v=6KLtm7-O4z8
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