Irony Overload
Headline of the day, from Bloomberg:
Fraud Prevention Firm Goes Bankrupt After CEO Charged With Fraud.
A $14 billion uptick in Reserve Bank credit pushed the sum total of interest bearing assets at the Fed to $7.125 trillion.
That’s a 10.1% three-month annualized pace (up from 7.5% last week), though the year-over-year growth rate edged lower once again, to 80.1%.
Is it still possible to "rouse the masses of people against the elites that are looting them" in effective numbers?
As late as 1992, Rothbard thought so. And he had historical examples on his side.
What's a telltale sign of economic illiteracy?
I'm starting to believe the worst is the claim that markets lead to monopoly and the accumulation of wealth in a few hands.
TREVLIG VECKA
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