Life with the Fed: Sunshine and lollipops?

posted by
April 5, 2011
Ludwig von Mises Institute
by Thomas E. Woods, Jr.  
Posted in Commentary

"We have heard the objection a thousand times: Why, before we had a Federal Reserve System the American economy endured a regular series of financial panics. Abolishing the Fed is an unthinkable, absurd suggestion, for without the wise custodianship of our central bankers we would be thrown back into a horrific financial maelstrom, deliverance from which should have made us grateful, not uppity." (04/05/11)  

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