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To: Les H who wrote (64928)2/6/2001 11:48:15 AM
From: pater tenebrarum  Respond to of 436258
 
i know....what a bunch of bozos...that's why i always say, the Fed should be abolished asap.

they're cementing the course of the unsustainable economic imbalances towards the inevitable disaster...entrenching malinvestment and furthering the credit bubble.

we're really in a socialist command economy...since the Fed is the lynch-pin around which everything else revolves. they're doing EXACTLY what von Mises warned about.