1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar
Source link: http://archive.mises.org/14904/americas-road-to-financial-ruin/

America’s Road to Financial Ruin

December 6, 2010 by

The strength of Whalen’s book is that his monetary history, like Rothbard’s, is about people, not policies. While Keynesians talk about unknowable constructs like aggregate demand, Whalen’s story turns on the actions of people. FULL ARTICLE by Doug French

{ 1 comment }

Bennet Cecil December 6, 2010 at 6:46 pm

What the US needs is for long term interest rates to rise to 10% or more. When voters see that they have to pay more than a $trillion each year in interest expense reality will set in. This will lead to the real answer; default and then move to a gold standard. The government will shrink to a size taxpayers can afford.

Comments on this entry are closed.

Previous post:

Next post: