Although probably written by a jew, I'll abide by the Truth from whatever its provenance.
This seems like a simple plainly-worded summary an ordinary person, like me, can understand.
I have to confess, I never gave much stock to the inordinately hebrew "science" of economics ... my youthful esteem for it crashed when Arthur Smithies (a gentile and top economist of yesteryear) once confided to me in the hallowed precincts of Littauer Center that all economists are "twentieth century fakirs, peddling belief systems that cannot possibly yield to any mathematical or scientific rigor." It's too bad Alfred Nobel elevated "economics" to a science equal to physics, chemistry or medicine (too bad he didn't substitute "biology,' "engineering" or "astronomy" for the dismal "economics! ." ...... but then again "economics" was in vogue like a kind of panacea for all human ills in those hopeful, ancient times of the early 1900s)
The author never reveals just who comes out ahead in this rigged system which any game theory adept will see immediately.
Please reply with any criticism you have of this piece before I start xeroxing it for my friends and acquaintances ...... it's only a quick abstract bear in mind. All the best to my WN Brothers and Sisters! Guest Post: Caution - Falling Currencies | ZeroHedge
"If the race is good, so is the place." --Ralph Waldo Emerson
http://www.youtube.com/watch?v=s3ifRA0Kj-8 [Tavern scene w/ the German girl-captive]