Tuesday, November 16, 2010

Great Quote on the Fed

From ZeroHedge:

Now if one studies history one finds out that the Federal Reserve was formed to prevent speculative panics, to maintain the value of the dollar, to preserve the purchasing power of the consumer, and to responsibly manage the nations money supply. Has an organization ever strayed as far from accomplishing its goals as the Fed?
-- Walter Zimmerman                 

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