Quand à l’amortissement des crises conjoncturelles dans le système par répartition, c’est un “fonds de réserve des retraites” et l’interdiction de spéculer sur les amas de capitaux accumulés. Mais il faudrait pour que cela fonctionne effectivement se débarrasser de la ploutocrasse actuellement au pouvoir dans tous les pays occidentaux.

Meanwhile, mises.org had just published a “Free Madoff” post which concludes:

“Just how unusually evil were Madoff’s actions? Not that unusual. In fact, the whole notion of paying off past investors with the funds of present investors is at the very core of the Social Security system. At least Madoff sought the consent of his investors who let him care for their money based on their own volition. And at least he didn’t attempt to defend himself with the claim that he was conducting wise public policy.”