The Fed

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Llewellyn H. Rockwell Jr.

The advances that constitute civilization have resulted from human beings cooperating voluntarily.

Frank Shostak

The aggressive monetary pumping by the Fed runs the risk that real wealth, the key for economic growth, will become stagnant or start declining.

David Stockman

The Fed decides, through a Politburo of planners sitting in Washington, how much liquidity is necessary and what the interest rate should be.

John P. Cochran

If banks and other financial institutions should not be too big to fail, neither should the Fed.

Ed Bugos

 In any other country where the capital structure is less developed, the transition to price inflation would be more intense and instantaneous.

Frank Shostak

The introduction of new tighter capital requirements by banks cannot make them more solvent in the present monetary system.