When All You Have Is a Hammer »
By Anthony Gregory | Tuesday June 7, 2011 at 2:42 PM PDT | 2 Comments
Fed Chairman Ben Bernanke is troubled by the unemployment rate that has crept back upwards, and the “frustratingly slow” economic recovery. And so what does he propose? More of the same, of course. More liquidity and a base interest rate kept near zero. You see, this is practically the only tool he has: monetary...
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Tags: Austrian School of economics, Economics, Federal Reserve, Inflation, Money and Banking, Regulation, Socialism




























