I have an even better suggestion. Get rid of the Federal Reserve, cut back all government in line with the most extreme minarchist or even anarcho-capitalist theory, and have sound money based on precious metals with an efficient economy based on savings and production instead of credit and consumption.
Institutionalize it? Oh lordy... Oh yeah, the Fed, that would be good. Higher authority, sure thing... oh, and a nice strawman at the end. Good grief.
I have an even better suggestion. Get rid of the Federal Reserve, cut back all government in line with the most extreme minarchist or even anarcho-capitalist theory, and have sound money based on precious metals with an efficient economy based on savings and production instead of credit and consumption.
How does that sound? :-)
workreduction 2 years ago
Institutionalize it? Oh lordy... Oh yeah, the Fed, that would be good. Higher authority, sure thing... oh, and a nice strawman at the end. Good grief.
Capnwabbit 2 years ago
Why don't you just admit the Austrian School of Economics predicted it, simply by deduction? Schiff is famous for it but there's thousands of others.
Capnwabbit 2 years ago