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- A real soldier's view of WW II I have a story to tell about my fathers WWII days and someone suggested that I start a blog. So here I am with no idea of what the heck I am doing. I have pictures of my fathers time overseas. I also have a suitcase full of letters. The first letter is f
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Tag Archives: Federal Reserve Act
The Dangers of an Interventionist Fed
March 29, 2012 America has now had nearly a century of decision-making experience under the Federal Reserve Act, first passed in 1913. Thanks to careful empirical research by Milton Friedman, Anna Schwartz and Allan Meltzer, we have plenty of evidence … Continue reading
Posted in Uncategorized
Tagged 1913, Allan Meltzer, Anna Schwartz, Ben Bernanke, discretionary, Fed, Federal Reserve Act, great depression, high inflation, high unemployment, higher interest rates, low economic growth, Milton Friedman, Policy indicators, recessions, slowing money growth, unpredictable ways
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