"By contrast, the twelve-member FOMC is about as close to an - TopicsExpress



          

"By contrast, the twelve-member FOMC is about as close to an unelected politburo as is obtainable under American governance. When in the fullness of time, the FOMC lined up squarely on the side of debtors, real estate owners, and leveraged financial speculators—and against savers, wage earners, and equity financed businessmen—the latter had no recourse from its policy actions." mises.org/daily/6467/Milton-Friedman-Freshwater-Keynesian
Posted on: Thu, 27 Jun 2013 19:50:29 +0000

Trending Topics



Recently Viewed Topics




© 2015