Toby McMann on Nostr: Mises teaches us that centralized, governmental intervention in markets leads to ...
Mises teaches us that centralized, governmental intervention in markets leads to scarcity. As Lyn points out, we are seeing a scarcity of private investors willing to buy Treasuries, due to the Fed's manipulation and intervention. And it is predictably getting worse, as we stare into the abyss of socialism.