Free Market
Author:
William L. Anderson
Online Publish Date:
The Free Market 21, no. 2 (February 2003) Late last year, in a move that gives even politics a bad name, the Federal Reserve announced yet another cut in its key interest rates. Around the same time, Fed Governor Ben Bernanke gave a speech praising the power of alchemy to lower the price of gold, and, similarly, the power of the Fed to print as