As Ludwig Von Mises once famously postulated ...."Paper is the only commodity that government can render worthless merely by applying ink". In our current economic environment, our merry band of incompetents, Obama, Benranake, and Geithner are intent of proving Von Mises correct. In his testimony before Congress last week, Bernanke got into an argument with Ron Paul about his overuse of the gov't printing presses. Bernanke actually told Paul that 'gold is an asset, it is not money". This kind of hubris by the man charged with running the Federal Reserve has been noticed by the rest of the world,...
