Apologies if you have already seen this.
Source link: http://blog.mises.org/10521/the-fed-theme-song/
The Fed theme song
Previous post: The Inflation Crisis and How to Resolve It, by Henry Hazlitt
Next post: Sounds like a good plan
The Ludwig von Mises Institute
Tu Ne Cede Malis
Advancing the Scholarship of Liberty in the Tradition of the Austrian School
{ 10 comments }
I read this was Michael Jackson’s favorite song.
What a mentality!
It is short-run Keynesianism but there is a glitch. We are in the Keynesian long-run!
The bubble machine is going haywire, the singers are choking on all of the bubbles, the crowd panics and trample each other trying to get out of there. It is not a pretty scene!
Nice one. Lately I’ve been thinking of the Fed like some poor scientist working on a perpetual motion machine. As a kid I remember thinking that with enough magnets and ball-bearings, maybe it is possible. Monetarism is similar, they try to make something out of nothing. That’s a somewhat generous way of looking at their actions, I guess.
West Ham United!!! English football fan would know
This is too funny!!!! bbbbbubles
Is the dude on the far left even singing?
If did not know how to contact you, but I am sure you read the blogs. This video deserves to be featured in your blog. It is the best one yet from Onion
http://www.youtube.com/watch?v=TRgRz3nSG7o
LMAO!
I swear the guy on the far right looks like Jeffery Tucker!
Q: Since the entire world continues to play the Kensynesian game, and there is no alternative country to invest in other than the U.S. Why bother learning and subscribing to Austrian theory?
“Since the entire world continues to play the Kensynesian game, and there is no alternative country to invest in other than the U.S. Why bother learning and subscribing to Austrian theory?”
Since most of the world still thinks the Earth was created in the last 6000-10000 years, what’s the point in studying ancient-Earth theories of geology?
You do raise a great point though: not enough has been done to apply Austrian thinking to Keynesian fiat money realities. It’s become clear that the “hyperinflation is coming!” view popular among many armchair contrarians these days is oversimplified, for example. (It might come eventually, but saying that isn’t very helpful.)
Comments on this entry are closed.