“Fed” Head Puppet Bernanke takes a swipe at Austrian Economics

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Listen to what the Banksters’–Oops–I mean the “Federal” Reserve’s Head Puppet says about the Austrian School’s view on letting big banks fail (@4:30 on the video). (Just the fact that he does this is actually good in a perverse sort of way–it means that Austrian Economics is starting to make enough of an impact in the mainstream that the Establishment can now no longer ignore it (or, for that matter, pretend that it doesn’t exist at all).

[Thanks to James Lloyd]

8:56 pm on March 11, 2009