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:


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.




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




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