“The New York Times seems really fixated on screwing Joe Lunchbucket. What’s particularly interesting about this editorial is that the New York Times is very explicit about political strategy. They support more class-warfare taxes in order to set the stage for higher taxes on the middle class. We can’t say we haven’t been warned.”
“So what’s Bernanke’s plan, should one of these bubbles occur? Throw some bureaucrats at it first! Surely he means some new goofy laws, but can Bernanke also mean price controls? He has said that: ‘The achievement of price stability must not and will not be jeopardized…I am also confident that, when the time comes, the Fed will act to ensure that inflation remains firmly under control.’ The next step that governments usually take to give the illusion that ‘inflation remains firmly under control’ is to enact price controls. Will TSA agents be sent into out of the airports and into the streets to make sure that the price of tomatoes aren’t ‘too high’?”
Tip Freedomwat.ch Staff with Bitcoin
