My letter to National Review Magazine re: Stop Applauding Ben Bernanke

Dear Sirs:
In your February 24th edition under “The Week” recap of significant news events you make the astounding statement that Ben Bernanke should be applauded for his massive money printing, interest rate pegging, socialist monetary planning maneuvers during and after the 2008 crisis.  Now, I do not expect National Review to spout the Mises Institute’s Austrian critique, but all Bernanke did was short stop the necessary and inevitable recession of which he himself was greatly responsible only to re-inflate the bubble in order to guarantee us an even greater crash after he leaves his watch.  Please, please tell your readers that money is not the play thing of governments.  It is part and parcel of the free market economy.  Without sound money economic calculation is impossible.

Patrick Barron

This entry was posted in News/ Lessons. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *