Fed Illusions Punctured

Writes Alex Kozak: “While I was riding the bus to class today, I sat next to two frat boys who were reading our school newspaper and discussing the bailout. When stereotypical frat boys (from a state school!) are saying things like ‘it’s not going to work because we’re just going to print the money,’ I think the illusions of the Fed and its fiat currency are just about done for.”