Quote of the Day: Ludwig von Mises

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"No emergency can justify a return to inflation. Inflation can provide neither the weapons a nation needs to defend its independence nor the capital goods required for any project. It does not cure unsatisfactory conditions. It merely helps the rulers whose policies brought about the catastrophe to exculpate themselves."

-Ludwig von Mises

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hat tip:  THE CUNNING REALIST

Category: Federal Reserve, Inflation, Politics

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Category: Markets, Psychology, Web/Tech, Weblogs

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Category: Financial Press, Psychology

Media Appearance: Fox Business News

Category: Media

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Category: Derivatives, Real Estate, Taxes and Policy, Valuation

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Category: Economy, Federal Reserve

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Category: Federal Reserve, Markets, Trading

50 Bps and a Song . . .

Category: Federal Reserve

Q4 GDP: El Stinko!

Category: Economy, Federal Reserve, Inflation

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Category: Books, Markets, Psychology