A frase da semana: Ludwig von Mises

True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.

Ludwig Von Mises 

recolhida de um dos muitos comentários a este artigo de opinião publicado no Wall Street Journal deste sábado: 

The Federal Reserve: From Central Bank to Central Planner

John Cochrane

The Wall Street Journal, September 1, 2012