‘There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.’ – Ludwig von Mises
Having Witnessed Aug Jobs Report Give FOMC Green Light To Tighten, Major
Equity Indices Await This Fri’s CPI For Final Verdict
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Major equity indices essentially went sideways last week, and interest
rates firmed up. August fared very well in job creation, and this probably
puts the ...
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