Free Market
Author:
Jeffrey M. Herbener
Online Publish Date:
The Free Market 13, no. 4 (April 1995) Four in five Americans opposed the $50 billion Mexican bailout, but they were powerless to stop it. When the central bank says it’s in charge—as it does in every financial upheaval of this magnitude—we are supposed to hold our tongues and leave it to the experts, even if their actions generate only