Is the Mainstream “Getting It?”

Monday, July 24, 2006
Posted in category Uncategorized
Comments Off

With headlines like this, methinks yes: Bubbles caused by cheap cash menace world economy. The article is quite Austrian sympathetic and highly skeptical of managed central banking and inflated asset values. A great quote is provided: “”Every time you inflate a bubble with cheap money, you trash someone’s balance sheet.”

Bingo.

Be Sociable, Share!
Both comments and pings are currently closed.