Posts Tagged ‘competitive currencies’


Deprecated: Function get_the_author_description is deprecated since version 2.8.0! Use get_the_author_meta('description') instead. in /mnt/stor3-wc2-dfw1/509309/www.mygovcost.org/web/content/wp-includes/functions.php on line 5379

Christmas Trees: A Lesson in Central Banking


Friday December 23rd, 2011   •   Posted by Emily Skarbek at 8:20am PST   •   1 Comment

Mark Spitznagel has a short op-ed in the Wall Street Journal where he illustrates the disastrous effects of central planning through monetary policy. The actions of the Federal Reserve have only allowed bad investments to persist and to postpone inevitable corrections necessary in the capital structure of the economy. Herein are pearls of great…
Read More »

Facebook Twitter Youtube

Search MyGovCost