TAILIEUCHUNG - “One of the brightest minds in finance.” CNBC (6/11/10)

And, the size of the . postal savings system, even at its height in the 1930s and 1940s, never approached that of Japan. But even so, the motivations for establishing the . postal bank, and the purposes it actually served for several decades, were essentially similar to those in Japan. And, the arguments that led to abolition also resemble discussion now heard in Japan. This paper contends that a good deal can be learned from examining the role – for better and for worse – that the . postal bank played in the first half of this century. And, if something can be learned from this, most. | One of the brightest minds in finance. CNBC 6 11 10 Warren Mosier is one of the most original and clear-eyed participants in today s debates over economic policy. JAMES GALBRAITH FORMER EXECUTIVE DIRECTOR JOINT ECONOMIC COMMITTEE AND PROFESSOR THE UNIVERSITY OF TEXAS - AUSTIN I can say without hesitation that Warren Mosier has had the most profound impact on our understanding of modem money and government budgets of anyone I know or know of including Nobel Prize winners Central Bank Directors Ministers of Finance and full professors at Ivy League Universities. It is no exaggeration to say that his ideas concerning economic theory and policy are responsible for the most exciting new paradigm in econ om ics in the last 30 years - perhaps longer - and he has inspired more economists to turn their attention to the real world of economic policy than any other single individual. DR. MATTHEW FORSTATER PROFESSOR OF ECONOMICS UNIVERSITY OF MISSOURI - KANSAS CITY Warren is one of the rare individuals who understand money and finance and how the Treasury and the Fed really work. He receives information from industry experts from all over the world. WILLIAM K. BLACK ASSOCIATE PROFESSOR OF ECONOMICS LAW UNIVERSITY OF MISSOURI - KANSAS CITY He Warren Mosier represents a rare combination someone who combines an exceptional knowledge of finance with the wisdom and compassion required to get US an array of policies that will bring US back to sustainable fill employment. MARSHALL AUERBACK GLOBAL PORTFOLIO STRATEGIST RAB CAPITAL AND FELLOW ECONOMISTS FOR PEACE SECURITY In this book Warren Mosier borrows John Kenneth Galbraith s notion of innocent fraud and identifies seven of the most destructive yet widely held myths about the economy. Like Galbraith Mosier chooses to accept the possibility that the fraud is unintentionial resulting from ignorance misunderstanding or most likely from application of the wrong economic paradigm to our real world economy. To put it as simply as .

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