|
Fear the Boom, Not the Bustby Patrick BarronMises Institute Apr. 21, 2011 |
Popular 
Bill Kristol: My Fellow White Americans Are 'The Enemy'
Israel Detains American Journalist for Reporting on Damage from Iran's Strikes [UPDATE]
Journalist Jeremy Loffredo Released After Four Days in Israeli Detention, Ordered Not to Leave
Chris Rufo Discovers Who is Flooding The Small Town of Charleroi, Pennsylvania With Haitian Migrants
WATCH: New Film 'Atrocity Inc' Exposes How Israel Lied About October 7th to Justify Genocide
 All of the industrial world's central banks and public treasuries currently are engaged in an impossible exercise — trying to reinflate an artificially created boom through zero interest rates and deficit spending. The reality is that the current financial crisis was caused by central-bank money expansion, so it cannot be cured by further money expansion. It is as if a doctor is continuing to bleed a patient who is already bleeding to death. Read More 
|
