Friday, November 13, 2009

The Origins of the Federal Reserve

Murray Rothbard's classic has been republished on today.
The national-banking system [established during the Civil War] provided only a halfway house between free banking and government central banking, and by the end of the 19th century, the Wall Street banks were becoming increasingly unhappy with the status quo.

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Gary North on central banking, gold, federal debt, and Keynesianism

I have never met Gary North and probably never will.   Yet, through his writings he has had a far-reaching influence on my thinking, especi...