Back in 1966, the most esteemed Alan Greenspan himself wrote the following in an essay entitled “ Gold and Economic Freedom ”: “When business in the United States underwent a mild contraction in 1927, the Federal Reserve created more paper reserves in the hope of forestalling any possible bank reserve shortage. More disastrous, however, was the Federal Reserve's attempt to assist...

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Published: 2 years, 2 months ago (Sat, 28 Apr 2007 10:40:52 PDT); 5151 bytes
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