“Anatomy Of A Bubble – How the Federal Reserve and the U.S. Congress Have Created a Debt Crisis of Historic Proportion”

“Anatomy Of A Bubble – How the Federal Reserve and the U.S. Congress Have Created a Debt Crisis of Historic Proportion” By Sannleikur Komist “To understand where the stock market is going we first need to understand from where it has come. Let’s start by comparing the currently in vogue macro economic philosophy, Keynesianism, to a much older and wiser philosophy known as the Austrian School. Keynesians believe consumers must perpetually be coaxed into borrowing and spending in order to maintain growth in an economic system, whereas the Austrian School does not believe the economy can be controlled and that any attempts to that end only lead to mal-investment and credit bubbles of potentially catastrophic proportion.



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