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70Federal Reserve Act: the most Influential Act in US/World History since the Constitution
by thecounterpunch
"In his final Senate years, Aldrich chaired the National Monetary Commission. His Aldrich Plan, providing for flexible cash reserves, was the forerunner of the Federal Reserve System." -- Senate.gov "This... published 17 months ago
67Milton Friedman on the Central Federal Reserve Bank
by thecounterpunch
“The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933.” -- Milton Friedman, Nobel Prize winning economist,... published 18 months ago
63John Kenneth Galbraith on the Central Federal Reserve Bank
by thecounterpunch
-- John Kenneth Galbraith From his last book The Economics of Innocent Fraud : The Fed, for all its power and prestige, effectively does nothing, says Galbraith. In his view, America's Federal... published 18 months ago
73Nelson Aldrich: the Rockefeller's Middle Man who crafted the Income Tax and the Central Federal Reserve System
by thecounterpunch
"There are two distinct classes of men...those who pay taxes and those who receive and live upon taxes." -- Thomas Paine (1737–1809), pamphleteer and revolutionary "You know, gentlemen, that I do not owe... published 18 months ago
65The Federal Reserve, why do we allow this to happen?
by helpdeskian
I hope to engage into a great debate on why america allows the fed to control our money. As an American citizen I was shocked when I found at that the Federal Reserve is not actually federal. It is no more... published 7 months ago
84Economical and Financial Jokes
by thecounterpunch
A chemist, an engineer and an economist are stranded on a deserted island. They carry with them some canned food but have no ordinary means of opening the cans. The chemist suggests gathering some wood and... published 18 months ago
80800 billion dollar coup
by wwoods1
The $800 Billion Dollar Big Bank bamboozle! Okay I set quiet long enough, I figured cooler heads would prevail and with all the knowledge and wisdom that our leader's posses that they would not give away... published 2 weeks ago
83Colonel House - CFR founder, promoter of the League of Nations and President Wilson most influencial advisor
by thecounterpunch
"Mr. House is my second personality. He is my independent self. His thoughts and mine are one." — President Woodrow Wilson quoted by Charles Seymour, The Intimate Papers of Colonel House,... published 18 months ago
68Ready for financial armageddon?
by David Devlin
Warren Buffett described derivatives as "financial weapons of mass destruction carrying dangers that while now latent are potentially lethal." Warren gave warning of the dangers he saw in 2002 in a letter to... published 5 months ago
62EUR/USD September 23rd, 2007
by thetrader
Last week the Fed cut this key rate by 50 basis points. The cut had been expected and a number of currencies, including the Euro, had already started moving up in anticipation of the cut.... published 13 months ago
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