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2024-08-11 14:18:05

shanethedog on Nostr: “The Federal Reserve System was established in 1914 as a result of fears of such ...

“The Federal Reserve System was established in 1914 as a result of fears of such economic consequences as deflation and bank failures. Yet the worst deflation and the worst bank failures in the country’s history occurred AFTER the Federal Reserve was established.”

-Thomas Sowell
Basic Economics
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