Tuesday, February 28, 2012

Thought for the Day

This thought or quote has been spawned from the vitriol towards the current spike in Gas Prices. It is from "Economic Policy: Thoughts for Today and Tomorrow" by Ludwig von Mises:

"Governments usually resort to price control when they have inflated the money supply and people have begun to complain about the resulting rise in prices."

Mises is correct. Do yourself a favor, research how the Government plays a role in the Energy market. Of course this scholarly research on Govt's price fixing must be coupled with all the Quantitative Easing measures, After that has been completed, then refer back to this quote.

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