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To: Toddsterpatriot
Watch the Friedman video, he explains it very well.

The Fed was created to avert wild swings. We continue to have wild swings. Therefore the Fed serves no purpose. Let's try something else.

340 posted on 12/31/2013 4:05:55 PM PST by Partisan Gunslinger
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To: Partisan Gunslinger
The Fed was created to avert wild swings. We continue to have wild swings.

Swings from 1913-2013 are much milder than swings from 1813-1913.

344 posted on 12/31/2013 4:20:47 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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