Monday, December 12, 2005

life imitates art

From an anonymous mises blog comment: a few months, the housing market will keep slowing down, and eventually, crash. Everyone will be screaming, "Oh my God! Oh my God! We thought the market was just going to slow down, but it's a crash! Save us, Bernanke! Save us!"

Bernanke will appear in the sky, his cape blowing in the wind, and he will proclaim, "Never fear, for the Fed is here!" He'll roll back his sleeves, fly over to his printing press, and switch the dial from "high" to "full power".

Now all we need is for an austrian-minded cartoonist to draw this up and we'll have art-imitating-life-imitating-artfully-wrong monetary conceptions.

No comments: