Sunday, May 6, 2012

Walk Out

Then I ask you, I plead with you, I beg you all, walk out of here [the Fed] with me, never to come back. It's the moral and ethical thing to do. Nothing good goes on in this place. Let's lock the doors and leave the building to the spiders, moths, and four-legged rats.
-Robert Wenzel
On 25 April 2012, Robert Wenzel, an Austrian economist was allowed to give a speech at the New York Federal Reserve Bank. This, of course, was unprecidented. Here is some information on the event. All in all, a very interesting occurrence, one which I think bodes well for the Austrian school and monetary freedom.