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David Chandler's Journal of Java Web and Mobile Development

  • David M. Chandler


    Web app developer since 1994 and former Developer Advocate with Google now residing in Colorado. Besides tech, I enjoy landscape photography and share my work at ColoradoPhoto.gallery.

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Why the Fed Can’t Save Us Now

Posted by David Chandler on September 17, 2008

From http://www.lewrockwell.com/rozeff/rozeff220.html:

The Fed cannot create value. Causation runs from sound assets to sound credit. Causation does not run from credit creation to sound assets.

If you’ve never heard of Lew Rockwell or Austrian economics, now would be a good time to start studying.

/dmc

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