Fighting A Recession with Windows Vista
August 11th, 2010
Contary to popular belief what the market needs is deflation (See Murray Rothbard and the Deflation Bogey), however as illustrated today by Fed’s new QE (money printing) software patch, the Fed has no intention of letting deflation run its course. This line of thinking is like getting a Windows Vista update and assuming that it will solve all the problems of a completely defunct operating system. Therefore getting rid of the Federal Reserve is analagous to junking your Windows Vista in favor of Windows 7 or in our case, the Gold Standard.
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