SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (43202)11/12/2011 4:57:43 AM
From: Real Man  Read Replies (1) | Respond to of 71454
 
"the Austrian message is a tough one, hard to swallow"

They kinda follow it when it is too late, when the country
already blew up, that is the problem. Then they implement
austerity, resulting in severe economic downturn. Until then debt goes
from one pocket (private debt) to another pocket (public debt).

Ben's revolutionary "new" idea is to erase public debt by
printing money. That idea is not supported by Austrians, of course.