The study of money, above all other fields in economics, is the one in which complexity is used to disguise truth or to evade truth, not to reveal it. - John Kenneth Galbraith

Private enterprise did not get us atomic energy.

For thousands of reluctant scholars, a few distantly remembered curves depicting the interaction of supply and demand to establish prices have for long been the only permanent return on an investment in economic education.

In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.