"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Federal Reserve Policies Cause Booms and Busts
Submitted by Government Deni... on Mon, 2014-08-25 00:00
"Since the economic crisis of 2008-2009, the Federal Reserve – America's central bank – has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rates to keep them so artificially low that when adjusted for price inflation, several of them have been actually negative. We should not be surprised if this is setting the stage for another serious economic crisis down the road."
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