How Counterfeiting Can Make Us Rich

One of the greatest blog posts I have seen in a while; short, yet very telling:
"NYT:

A day after the Federal Reserve disappointed investors with a modest cut in interest rates, central banks in North America and Europe on Wednesday announced the most aggressive infusion of capital into the banking system since the terrorist attacks of September 2001.

And it makes you wonder why they don't do a one-time zillion dollar infusion of 'capital' and make the whole world wealthy forever." - Jeff Tucker, Mises.org

This is why I can gladly call myself a follower of the Austrian school of economics. The neo-Keynesians and Friedmanites can't explain why Fed tinkering in the economy is bad. In fact, they encourage it. Printing new money and injecting it into an already ailing economy is not going to make us rich. The only road to true wealth is through free-markets and natural capital accumulation.