.comment-link {margin-left:.6em;}

Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Wednesday, May 09, 2012

Guest Post: The Emperor Is Naked | ZeroHedge

Central government manipulation is not working. We have created a house of cards by allowing the government to interfere in the efficient flow of capital and to allow for the normal markets to operate. We are more than 3 years into meddling by government bureaucrats and the situation has not only not improved but it could again come unglued and the results will be much much worse. The following quote is just one man's opinion but I think that he has it right....
The Fed is destroying the capital market by pegging and manipulating the price of money and debt capital. Interest rates signal nothing anymore because they are zero. The yield curve signals nothing anymore because it is totally manipulated by the Fed. The very idea of "Operation Twist" is an abomination.

Capital markets are at the heart of capitalism and they are not working. Savers are being crushed when we desperately need savings. The federal government is borrowing when it is broke.
Central planning is now making all of the big aggregate decisions. WE need to remove these people from this position of power and let everyday people make decisions for themselves.

Guest Post: The Emperor Is Naked | ZeroHedge

1 Comments:

At 11:57 AM, Anonymous Anonymous said...

Whisc is EXACTLY what Ron Paul has been saying for years.

 

Post a Comment

Links to this post:

Create a Link

<< Home