Monday, March 01, 2010

$13bn hole in a $28bn budget

Mises had the solution in 1912 - Will it really take a century for the rest of the world to finally start listening?


Ambrose gets the global analysis right, as usual, but his typically Keynesian solution plan is the death march towards hyperinflation, as the headless chickens at the world's central banks wibble and gibber in their own chaotic dance of unknowing befuddlement.

The Austrians are coming everyone.

Können-Sie sie, jeder hören?

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