26 March - 26 May 2009 Private ownership of savings … can be socially controlled. The social abuses connected with savings are encountered mainly in the mechanics of investment and financial management by the large banks, savings institutions, and insurance companies which … [Read more...] about Leithner Letter Nos. 111-113
Leithner Letter Nos. 108-110
26 December 2008 - 26 February 2009 The government’s policy [is creating] a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is … [Read more...] about Leithner Letter Nos. 108-110