Analysis
Opinion

The Financial Crisis Begins

The Financial Crisis Begins
A man looks at a graph representing the 12 month decline of the FTSE 100 share index, in London, on Oct. 7, 2008. Peter Macdiarmid/Getty Images
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Commentary

By some miracle—actually, by printing the $5.4 trillion that has shown itself in persistent inflation—the United States has, so far, avoided a financial crisis. That’s the one sector so far that the establishment has been able to protect from disaster.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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