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Social And Moral Breakdown

“When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe.” – Frederic Bastiat

What would cause a nation or a people to arrive at such a state of decadence and amorality as America has today?

If we connect the dots, it is as clear as day. The above quote by Frederic Bastiat describes perfectly a society that has been undermined by the devaluation of its currency.

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