Austrian school needs a CPI stuck above 5% and an economic crash very soon. If it does not happen within the next year, the name Von Mises will be nothing but a punchline for the foreseeable future.
Umm you might have missed it but the crash happened in 08. And CPI might be as high as 9% according to Shadowstats so uncle Ludwig might know what he was talking about.
Austrian school needs a CPI stuck above 5% and an economic crash very soon. If it does not happen within the next year, the name Von Mises will be nothing but a punchline for the foreseeable future.
ReplyDeleteUmm you might have missed it but the crash happened in 08. And CPI might be as high as 9% according to Shadowstats so uncle Ludwig might know what he was talking about.
DeleteJerry, you mean the 08 crash that virtually no one but the Austrians called? The one that krugman completely missed and Ron Paul nailed?
DeleteI guess Jerry is a what-have-you-done-for-me-lately troller.
ReplyDelete