Oh Come on. The government created the recent bubble - by over-expansion of credit, to those who could not repay. To say that we need even "more money," is to encourage more swings in the future. Banks take risks when the losses are socialized but the profits are privatized. Milton Friedman was not an Austrian economist, because he thought we could trust the Fed to extend credit carefully if it was watched. Austrian Economists say NO - you can't trust a monopoly, including a monopoly over paper money. They want a gold standard, or something similar. You can't trust government or the Fed, both are in the pockets of interest groups - financiers, bankers, big unions. Frankly, this article shocks me. It shows why the FREAKIN RINOS will lose at the polls - AGAIN. Give me a break, NROL! If this kind of "trust" of CONTINUED, UNENDING government "oversight" to "protect the public, the little guy who is trying to invest his money honestly without losses or massive inflation, is what we can expect from the RINOs' campaigns during the next two election cycles, heck we're all doomed.
