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Re: Overview/Explanation of American Economic History from a Free Market/Austrian perspective

Wow, can't believe I missed this and it only got one response. Rothbard was a great economic historian, you can refer to the following works, available at Mises for free in various digital mediums and in print at the Store. America's Great Depression Free: http://mises.org/rothbard/agd.pdf Print...

Posted to History by liberty student on Fri, Jul 18 2008

Re: Questions regarding FED's interest rate mechanism

@ meambobbo What a fantastic and highly detailed response. Thank you kindly, your time and knowledge is very much appreciated . There is a lot to 'chew over' in those replies! Allow me some time to crunch up those points in my mind and I'll get back to you with some more questions if need...

Posted to Economics Questions by fingolfin on Thu, May 22 2008

Re: Questions regarding FED's interest rate mechanism

Point taken. However I'm not debating the form and makeup of a state, or indeed the virtues of anarchism! What I'm curious about is whether or not the core economic issue is the violent enforcement of a monopoly on currency ( by the state ). Fine, get rid of the FED - let the state control money...

Posted to Economics Questions by fingolfin on Wed, May 21 2008

Re: Questions regarding FED's interest rate mechanism

@ meambobbo Great post, just curious... So... perhaps what might be ideal is a completely open, free-market competition in actual currency? Gold, silver, paper money (backed 100% by X Y or Z) or e-gold, diamonds, vintage cheeses (joke!) or whatever the free-market innovates and finds most convenient...

Posted to Economics Questions by fingolfin on Wed, May 21 2008

The Definition of Insanity...

It was Albert Einstein who stated that the definition of insanity is "doing the same thing over and over again and expecting different results." After the FED's cutting of interest rates by three-quarters of a point today , those of us wary toward centralized banking and the socialization...

Posted to Veritas by zsignal on Tue, Mar 18 2008
Filed under: federal reserve, business cycle, money, banking, credit, fed