Monday, 19 February 2018

Monthly Archives February 2011

“Can Government Manage the Economy?” – James Payne

Posted by Tom Duncan
February 1, 2011
in Blog

“For 98 years the federal government has been attempting to prevent asset bubbles, recessions, and spasms of unemployment. In 1913, Woodrow Wilson created the Federal Reserve System, telling the country that this new institution would be “a safeguard against business depressions.” In 1929, with the Fed in operation for 15 years, the United States plunged […]

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