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That blog post is the best explanation of how the Austrian economic philosophy applies to the current situation that I've ever seen. Am I convinced that QE is
by ScottBurson 13y ago
That blog post is the best explanation of how the Austrian economic philosophy applies to the current situation that I've ever seen.
Am I convinced that QE is a bad thing? No; I'll have to think about it. But at least I have some idea now of what the argument against it is.
(Like most of us, I'm no more than an armchair economist, but I do find it interesting.)