An Objective Look At Issues Without Idol-Worship
Showing posts with label central banking. Show all posts
Showing posts with label central banking. Show all posts

Monday, November 29, 2010

The Sweden Plan

Sweden has been cutting taxes, balancing the budget, and raising interest rates all at the same time DURING A RECESSION. And has the Swedish economy spiraled into a depression? Nope. Quite the contrary, actually. The Swedish economy has experienced a 6.9% year-on-year increase in GDP. Interesting. Too bad Ben Bernanke and Barack Obama won't learn anything from this.

Thanks to Mises Blog.