James Seaberg

The Fed is Deflating: 10 Reasons Why

Jim, I commend you for your great analysis of our present situation with your recent three articles. It is amazing how many comments the article from the 10th of March 2008 has elicited by “flow5”. “flow5” mentioned Keyenes and Friedmann which both are wrong in mayor parts of their theories. I would like to submit that the study of Ludwig von Mises and his great work Human Action and related articles would solve many of our present-day controversies. This book can even be downloaded free of any charge courtesy of mises.org. If there are readers who are hurt by this recession and which are not economists, they probably would enjoy the very readable book The Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin.