tag:blogger.com,1999:blog-11719208.post3390574254750648026..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Trouble in the California vineyardsTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-59201621290912001482010-03-23T21:17:09.099-07:002010-03-23T21:17:09.099-07:00Yeah, old Al made some mistakes, but he was only o...Yeah, old Al made some mistakes, but he was only one of many Fed Chairmen who led us down the garden path. The premise of the Federal Reserve System is that the banking system can be effectively managed by a central authority. That is, as opposed to a dispersed, free market banking system. The Fed, because it is politically influenced, can not help but create disaster (e.g., the Great Depression.) Read Murray Rothbard's "Mystery of Banking" to learn what's wrong and how to fix it.RktScihttps://www.blogger.com/profile/15034844452843604875noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-12473534204565376962010-03-08T15:40:12.264-08:002010-03-08T15:40:12.264-08:00Not only crashed agricultural land values but the ...Not only crashed agricultural land values but the price of a bottle first was 30% off then 50% off...<br />Luxury fine wines can't get restaurants to stock premium bottles because attendance in restaurants is down. <br /><br />I don't see a value in purchasing wine futures today either<br /><br />C G BarbeauCaroline Gerardohttps://www.blogger.com/profile/12376556246231855571noreply@blogger.com