Central Banking Doesn’t Work – Just Ask the Fed!

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Central Banking Doesn’t Work – Just Ask the Fed!

It is still a tiny minority who understand that central banking is a collectivist institution that is completely hostile to liberty. It is, by definition, an instrument of theft that purports to stabilize economic conditions for the collective by controlling the supply of money and credit. The fact that its only means to attempt to do so is to steal from savers to finance well-connected borrowers is a seldom-mentioned detail. That people only use the central bank