making our simile less hypothetical
bkmarcus
From “This actually did happen” by Jeffrey Tucker at blog.Mises.org:
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Posted in LvMI, economics, news |
1 Comment »
bkmarcus
From “This actually did happen” by Jeffrey Tucker at blog.Mises.org:
![]() |
|
Posted in LvMI, economics, news |
1 Comment »
bkmarcus
Why the heck is this happening to us?
What happened to mortgages, to banks, to large retailers, to retirement savings, to stock prices, to the availability of credit? How could so many errors have coincided?
To the media pundits and government officials, this is a market failing that requires the government to take trillions of dollars from you and run the money presses full time. Otherwise we are doomed
But there is another way to look at the great market collapse of 2008: the whole thing, including the bubble that preceded it, is the fault of the government and the Fed.
All attempts to “fix” the problem are like forcing the patient to swallow more of the poison from which he currently suffers.
Mises.org has been making this argument, and warned of the coming crash years ago. But where can you find the argument explained for the average person in a convenient package, without technical jargon and with logic and facts?
Enter Tom Woods with his blockbuster book Meltdown.
It’s all here, all the information you need to understand what is happening and what to do about it.
Posted in LvMI, economics, history, literature, news |
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