We thought this was an interesting article from the Associated Press because it shows so clearly how the power elite's dominant social themes operate. The Federal Reserve itself is an immensely destructive economic force as are central banks generally. By printing money out of nothing, central banks create the inflation that bankers maintain they are dedicated to fighting. By printing money out of nothing, central banks destroy the businesses that bankers claim they are fighting to support.
Hypocrisy of the Fed
- Post author:The Daily Bell
- Post published:July 7, 2010
- Post category:Education / Network Archives
Tags: Austrian economics, CLibertyC CLCs, constitutional liberty coalition, Daily Bell, free enterprise, limited government, The Daily Bell
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