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  • From the mouth of a wolf in sheep's clothing

    There's much to be said about the current financial crisis. At the heart of this, as every Austrian knows, is the fault the US government holds for creating the current situation through its central bank and its inflationary policy. This fundamental economic truth cannot be stated enough. Ignorance...
    Posted to Apropos Austrian Aphorisms by thedo on Wed, Sep 24 2008
    Filed under: ron paul, inflation, federal reserve, great depression, murray rothbard, financial crisis, central bank, henry paulson, america's great depression
  • Dumping the dollar?

    The Ron Paul campaign has lots of people talking about the perils of a debased US dollar. One concern bandied about is that foreign holders of US bonds like China, Japan, Saudi Arabia, etc, will eventually dump their copious supplies of US bonds in favor of a higher return in a different currency, upon...
    Posted to Economics Questions by MikeL on Tue, Oct 23 2007
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