Federal Reserve grabs new powers

posted by
August 29, 2011
Future of Freedom Foundation
by Sheldon Richman  
Posted in Commentary

"While inflation hawks understandably keep a close watch on the Federal Reserve’s money-creation activities, an equally worrisome Fed activity is taking place right under their noses. Under cover of addressing the financial crisis and recession, the Fed has become the central allocator of credit." (08/25/11)

http://www.fff.org/comment/com1108w.asp  

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