[Zakeet]

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. – Ludwig Von Mises

Question: If you were advising the Federal Reserve, what would you say are the unsolved economic problems of the day?
Milton Friedman: The one unsolved economic problem of the day is how to get rid of the Federal Reserve. – January 1996 interview on NPR

That stupid ass Bernanke didn't prevent a thing. He merely postponed the inevitable by increasing the problem, and in so doing made the outcome much worse.

[Drill Thrawl]

There is no means of avoiding the final collapse of a boom brought about by credit expansion.

Agree.

That stupid ass Bernanke didn't prevent a thing. He merely postponed the inevitable by increasing the problem, and in so doing made the outcome much worse. Agree big time!

He merely kicked the can down the road. We will soon see first hand what an economic collapse and a civil war (think France not America) look like.