Fed up with the Fed?

posted by
May 3, 2011
Freedom Politics
by Thomas Sowell  
Posted in Commentary

"When people in Washington start creating fancy new phrases, instead of using plain English, you know they are doing something they don't want us to understand. It was an act of war when we started bombing Libya. But the administration chose to call it 'kinetic military action.' When the Federal Reserve System started creating hundreds of billions of dollars out of thin air, they called it 'quantitative easing' of the money supply." (05/03/11)



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