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  • 1.5 quadril...: 
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  The Fed libertarian?! That's like calling Exxon an engine of the Free Market. Please. The Fed is a CARTEL. Cartels do not operate in a free market.
  
  

  Apr 28 12:45 PM | Link | Reply
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  • Roberm73: 
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  • doomisnigh
  I am pretty sure most libertarian would say we don't need the Fed. Duh. Not what the fed polices are.

  Apr 28 01:16 PM | Link | Reply
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  • CM in MA: 
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  Mr. Kaufman has created quite the strawman to destroy. Libertarianism is not practiced by either of the major political parties in the U.S. Libertarianism was not practiced, nor likely understood, by those operating the banks and other financial institutions. Libertarianism is not a concept that drives the individual actions of marginal borrowers and the lenders who service them. To whatever extent the Fed espoused and acted on libertarian principles (and that point is highly debatable), the Fed cannot be held responsible for the outcomes caused by the selfish actions of others. Mr. Kaufman would do well to understand libertarianism before he blames today's economic woes on a philosophy that, unfortunately, has few adherents and, sadly, fewer still practitioners.

  Apr 28 01:37 PM | Link | Reply
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  • Carlos Lam: 
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  The title of the article is foolish. If the Fed members really were libertarians, they would vote themselves out of a job. No wonder the western media is in decline; their reporters write about things that they do not understand.

  Apr 28 02:01 PM | Link | Reply