The Federal Reserve Bumper Sticker
- from our Affiliates
One of the great ironies of our time is that the Central Bank proposes its primary goal to be providing the nation with 'price stability.' Through monetary pumping the Fed has diminished the purchasing power of the dollar by over 90%, and caused some staggering boom and bust cycles. The current fact that over 8% of American homes are in foreclosure, and that we’ve hit one of the more painful recessions in a generation is in no small part the Federal Reserves fault. Of course, if you like this sticker you probably already know that. Take a look at this video by the Ludwig von Mises Institute for a primer on the Federal Reserve and the root of the economic problems we face.
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