Hillary’s “Partner in Government”
By Thomas DiLorenzo
September 17, 2016
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What all of this means is that the Fed is an engine of political corruption and economic instability. It has generated inflation rather than controlling it (the dollar is worth less than 5% of its value in 1913, the year the Fed was created); has caused endless boom-and-bust cycles such as the 2008 real estate market crash; hides the true cost of government, especially the costs of war; and generates what economists call a “political business cycle” as described by Robert Weintraub’s research.
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Yeah, and this article puts to rest the FED’s “independence”.
So what can’t we go to a REAL gold standard?
It couldn’t be any worse.
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