I read a fascinating article in the Wall Street Journal this morning. I will fully admit that I am an armchair economist, and have no more knowledge about economic theory and monetary policy than the next guy. That said, given the little that I do know, I agree pretty much wholeheartedly with the economic principles espoused in the article.
I am a strong believer in unfettered and fully free markets. My stance is that a government should act only to ensure that the markets remain free. I do not care for price setting, central banking, industry subsidies, individual subsidies, and government bail–outs. I am also an advocate of an flat (not fair—there is no such thing in this telestial world) and transparent tax system, too.
1 comment:
Your going to make a lot of people run out and buy gold with that article, despite what the author said.
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