Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

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Bernanke’s Cowardice Has Sealed Our Fate
Proper formatting of this article can be found on author's website at The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception. Friedrich Hayek The day...
The Fed Is Nothing But An ATM Machine
By Monty Pelerin , posted December 3rd, 2009 The Fed has reached the point where there are two choices — Allow the government to shut down or allow itself to be the Treasury’s...