On: The Bubble Question

[ScottBurson]

That blog post is the best explanation of how the Austrian economic philosophy applies to the current situation that I've ever seen.

Am I convinced that QE is a bad thing? No; I'll have to think about it. But at least I have some idea now of what the argument against it is.

(Like most of us, I'm no more than an armchair economist, but I do find it interesting.)