The Reckless Federal Reserve, Bernard Madoff and Elihu Root: Lessons for Today »
By David J. Theroux | Saturday December 20, 2008 at 2:14 PM PDT | 2 Comments
The Federal Reserve has now moved to escalate even further its inflationary jihad in a vain and highly dangerous attempt to “stimulate” the economy. As reported in the New York Times: The Federal Reserve entered a new era on Tuesday, lowering its benchmark interest rate virtually to zero and declaring that it would now...
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Tags: American History, Books, Budget and Tax Policy, Economics, Federal Reserve, Great Depression, Money and Banking




























