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Milton Friedman, a man who was awarded the Nobel prize for his research on consumption analysis, monetary history and theory and the complexity of stabilization
by 3pt14159 12y ago
Milton Friedman, a man who was awarded the Nobel prize for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy, called for the end of the Federal Reserve.
I agree that it isn't a popular viewpoint, and I don't think it is even feasible with fractional reserve banking as well as other nation state risks to a currency, like foreign manipulation, but I don't argue that it's all that crazy to call for the end of the Federal Reserve.