The Fed defenders are getting desperate

posted by
April 10, 2011
Campaign For Liberty
by Robert P. Murphy  
Posted in Commentary

"As Ron Paul's 'End the Fed' movement grows, more and more Fed economists are speaking up on behalf of the central bank. In a recent post, David Andolfatto of the St. Louis Fed argues that the systematic debasement of the currency has had a negligible effect on the average American. As we'll see, Andolfatto's evidence is completely irrelevant to the question. The Fed and commercial banks have been ripping off everyone who uses dollars." (04/08/11)  

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