Tuesday, November 9, 2010

The Price of Political Cowardice

Here's what happens when you buy votes with other people's money.

Bernanke's Cowardice Has Sealed Our Fate.

I think "sealed our fate" might be overly dramatic, but it is certainly setting us up for extraordinarily difficult times. Central banks are bad ideas. Some of the concepts of Distributism are starting to grow on me.

There are other ways to go. Note in the comments that some believe there should not be as much animosity between the Austrians and the Distributists as might be imagined.

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