Austrian Advice

February 6, 2009

 

I came across this on the von Mises website the other day and had to share it.  You really owe it to yourself to read this humorous, and very clever, 10-point analysis and suggestions:

 

http://www.mises.org/story/3316

 

More wisdom can be found here , including this excellent piece entitled “The Insolvency of the Fed”.

 

Given the state of the Federal Reserve’s balance sheet, this story should not be missed.

 

 aa 

 

Fed Balance-Sheet Equity Ratio (6/28/2007–1/15/2009, in percent)

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: