WarrenJ Posted March 21, 2007 Report Share Posted March 21, 2007 [special Relevance for some of us . . . . ] This is a story about a Cowboy named Fred: A drunken cowboy lay sprawled across three entire seats in the posh Amarillo, Texas Theater. When the usher came by and noticed this, he whispered to the cowboy, "Sorry, sir, but you're only allowed one seat." The cowboy groaned but didn't budge. The usher became more impatient: "Sir, if you don't get up from there I'm going to have to call the manager." Once again, the cowboy just groaned. The usher marched briskly back up the aisle, and in a moment he returned with the manager. Together the two of them tried repeatedly to move the cowboy, but with no success. Finally they summoned the police. The Texas Ranger surveyed the situation briefly then asked, "All right buddy what's your name?" "Fred," the cowboy moaned. "Where ya from, Fred ?" asked the Ranger. With terrible pain in his voice, and without moving a muscle, Fred replied, "...the balcony..." There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises Link to comment Share on other sites More sharing options...
ted tcb Posted March 22, 2007 Report Share Posted March 22, 2007 Pretty much sounds like "The Fred" to me 1989 FWD Fleetwood, Silver 1995 STS Crimson Pearl on Black leather 1997 STS Diamond White 1999 STS Crimson Pearl 2001 STS Silver 2003 STS, Crimson Pearl Link to comment Share on other sites More sharing options...
WarrenJ Posted March 22, 2007 Author Report Share Posted March 22, 2007 Pretty much sounds like "The Fred" to me Geeze . . . . ya think ? Regards, Warren There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises Link to comment Share on other sites More sharing options...
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