Fed Up

by Don Boudreaux on August 23, 2009

in Current Affairs, Financial Markets, Frenetic Fiddling, Monetary Policy, Myths and Fallacies

Did the Federal Reserve Bank save the economy?  “No!” says George Selgin in this interview with the Atlanta Journal-Constitution.  Here’s the nutgraf:

Selgin believes the Fed, after helping fuel the housing bubble, has morphed from central banker into central planning agency with a corporate welfare department.


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