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About January 2005 BANK NOTES - : R. Nelson Nash, Editor HAPPY NEW YEAR To All ! May Great Things Come Your Way This
This document summarizes an article that criticizes the common view of how central banks like the Federal Reserve influence economic growth and inflation through interest rate adjustments. The article argues this view is overly simplistic and that central bank actions actually cause economic instability by manipulating interest rates and money supply. It provides the example of a hypothetical "Federal Housing System" to illustrate how similar monetary interventions would distort the housing market. The article concludes that just as the hypothetical housing system should be abolished, so too should the Federal Reserve System.
Detailed Information
| Author: | ['Michael Heidbrink'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 20 |
| Language: | English |
| Format: | |
| Price: | FREE |
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