GDP and Extended Low Rates
So no matter what GDP numbers the Commerce Department spins out, the interest rate Chairman Bernanke controls will stay low "for an extended period."
So no matter what GDP numbers the Commerce Department spins out, the interest rate Chairman Bernanke controls will stay low "for an extended period."
Until corporate welfare takes a backseat to real, proven solutions that help stateside consumers save a bundle at the pump (and help our less-prosperous allies financially), corn will remain king.
The predator state cannot be tamed. Only when the public withdraws its consent will the predations come to an end.
"Instead of buying up toxic assets, the TARP money was used to partially nationalize the banking industry."
"Preventing trade means that we use more resources to produce less wealth."
"The bailouts, in fact, were an example of government intervention to prevent the free market from holding CEOs accountable."
Presented at “Recovery or Stagnation?,” the Mises Circle in San Francisco; sponsored by Mark L.
Presented by Walter Block at “Recovery or Stagnation?,” the Mises Circle in San Francisco; sponsored by Mark L.
I do not believe that the power and duty of the general government ought to be extended to the relief of individual suffering which is in no manner properly related to the public service or benefit.