Thursday, April 26, 2012

An Austrian Economist’s Message to the US Federal Reserve: Lock the Doors and Leave the Building

Austrian economist Robert Wenzel in a stirring speech in front of central bankers at the New York Federal Reserve has a poignant message for them: Abandon Ship.

Mr. Wenzel's closing statement:

Let’s have one good meal here. Let’s make it a feast. Then I ask you, I plead with you, I beg you all, walk out of here with me, never to come back. It’s the moral and ethical thing to do. Nothing good goes on in this place. Let’s lock the doors and leave the building to the spiders, moths and four-legged rats.

Read Mr. Wenzel’s provocative speech here.

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