by Ralph Benko | Feb 24, 2012 | Uncategorized
Originally posted on Friday, February 24th, 2012 “… and these changes, often great and sudden, expose individuals to immense loss, are the sources of ruinous speculations, and destroy all confidence between man and man. To cut up this mischief by the...
by Ralph Benko | Feb 21, 2012 | Uncategorized
Originally posted on Tuesday, February 21st, 2012 Ricochet.com, January 31, 2011 reports: In what may be the strangest market indicator ever, a blogger found that the amount of laughter recorded in the official transcripts of Federal Reserve Open Market Committee...
by Ralph Benko | Feb 20, 2012 | Uncategorized
Originally posted on Wednesday, February 29th, 2012 “To entrust to science … more than scientific method can achieve may have deplorable effects.” — Hayek What if the Federal Reserve consistently gets it wrong? Consistent wrongness is the verdict...
by Ralph Benko | Feb 16, 2012 | Uncategorized
Originally posted on Thursday, February 16th, 2012 ‘…and I should like him to get up a few little arguments about the disastrous effects of a return to cash payments and a metallic currency, with a touch now and then about the exportation of bullion, and...
by Ralph Benko | Feb 13, 2012 | Uncategorized
Originally posted on Monday, February 13th, 2012 “Whilst economists dozed, the academic dream of a hundred years, doffing its cap and gown, clad in paper rags, has crept into the real world by means of the bad fairies–always so much more potent than the...
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