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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-

Friday, March 15, 2013

A fine example of inflation and the medicine to reduce it....



Central banks around the world are playing with fire.  Eventually, inflation will take hold as the debasement of all major currencies has been gigantic.  Ability or willingness; the ability or even the desire to withdraw this easy money and to reverse the 'no pain' solution with actual pain will be nearly impossible to execute WITHOUT a market forced solution.  But be assured, either we face this pain voluntarily or it will be forced upon us.

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