Sunday, March 16, 2008

Mises' Memo to Bernanke

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

Ludwig von Mises


Abolish the Fed! says Jim Rodgers.

Was a nation of counterfeiters a "free-market monetary system"?

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