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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Tim Geithner. Show all posts

Wednesday, September 28, 2011

German Minister Calls Tim Geithner’s Bailout Plan ‘Stupid’

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From Telegraph’s Ambrose Evans Pritchard , (bold highlights mine) German finance minister Wolfgang Schauble said it would be a folly to...

Sunday, June 07, 2009

Our Mises Moment Answers Mainstream’s Conundrum of Market-Fundamental Disconnect

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``But on the other hand inflation cannot continue indefinitely. As soon as the public realizes that the government does not intend to stop i...

Monday, March 30, 2009

Cartoon of the Day: Sons of Frankenstein

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A recent headline from the Wall Street Journal says " China Takes Aim at Dollar ". Maybe this is the reason why.... Good humorous ...

Thursday, March 26, 2009

Why Geither's Toxic Asset Program Won't Float

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There are many reasons for us to share the distrust with the apparent misplaced optimism credited to Tim Geither's Public-Private Invest...

Tuesday, November 25, 2008

Does $7.76 trillion of US Government Guarantees Make The US Dollar A Safehaven Status?

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US dollar bulls always insist that the US dollar dispenses its role as safehaven currency when global economies are under strain. This v...

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