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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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In reverence to this:
http://www.lewrockwell.com/englund/englund34.html
Particularly this:
“The Austrian theory of the trade cycle will be validated yet again.”
As that relates to this:
Without bank credit expansion, supply and demand tend to be equilibrated through the free price system, and no cumulative booms or busts can then develop. ~ Murray Rothbard
Experience has shown that this letter may not accomplish anything of value. Therefore I am going to challenge your words on my own forum and limit my exchange with you as a mere challenge to you.
You are right, in your mind, I assume, and from my perspective that leaves little to be appreciated from my perspective. Otherwise; thanks for the article.
This e-mail will be my opening statement as I use your article to communicate my thoughts.
Please feel free to do as you please including a request by you to have me, the moderator on my forum, remove any reference to your article.
Joe Kelley