Why Congress Must Stop the Fed's Massive Pumping

Why Congress Must Stop the Fed’s Massive Pumping

Tags: Interventionism, Booms and Busts, Taxes and Spending

01/07/2009 Frank Shostak

If it were possible to lift real economic growth by means of money pumping, world poverty would have been eradicated a long time ago. Real economic growth requires real savings to fund various activities that support and promote it, writes Frank Shostak.

This audio Mises Daily is narrated by Floy Lilley.

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