8 Dec – Thought For The Day

I have increasingly come to the opinion that the data that individuals are pointing to as an example of the down-turn in 2008 is merely the manifestation of the market correcting for the previous distortions caused by the policy error of the manipulation of money and credit of the previous period.  Peter Boettke

http://www.coordinationproblem.org/2010/12/no-doubt-ben-bernanke-is-sincere-but-what-if-he-is-sincerely-wrong.html

Dr. Boettke, I agree.

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About Christopher Hessenflow

Christopher Hessenflow is a financial planner in the Chicago area. He works with all sorts of people who are much more interesting than he is. He enjoys his career which lends him time to think and, sometimes, be creative. Chip was born bald.
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