Idiot's Guide to Austrian Economics
MishTalk
AUGUST 19, 2014
The Austrians want government to restrain what they deem a violation of property rights. Tamny : The problem here is that the Austrians don’t stop at merely seeking an end to bailouts, Fed lending from its discount window, and while it’s largely bank financed, privatization of the FDIC. AE only precludes fraudulent lending.
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