Fed-Created Crisis Hits China and Korea

Thanks to Greenspan and the gang, this is only the beginning. (Thanks to Robert Hiett) All those–economists, politicians, think-tanks, banks, financial firms, media, etc.–who have defended and empowed the Fed share the blame for the catastrophe. It is our job to name names. Milton Friedman, for example. A great free-market champion in many ways, his most lasting legacy is his propaganda for the great counterfeiter called the Federal Reserve.