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To: Qbert

So your view would be that if Milton Friedman were running the Fed today, you would demand he resign. Forget what Bernanke has said, concentrate on what he has done. He learned the lessons of the 1930s from Friedman and is doing a great job with monetary policy.


2 posted on 07/13/2011 1:34:45 PM PDT by JLS (How to turn a recession into a depression: elect a Dem president with a big majorities in Congress)
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To: JLS

“So your view would be that if Milton Friedman were running the Fed today, you would demand he resign. Forget what Bernanke has said, concentrate on what he has done. He learned the lessons of the 1930s from Friedman and is doing a great job with monetary policy.”

Wha??


4 posted on 07/13/2011 1:36:37 PM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: JLS
So your view would be that if Milton Friedman were running the Fed today, you would demand he resign.

If he'd done what Bernanke has, hell yes!

Friedman was a great and wonderful defender of free enterprise. His books, videos and documentaries are must-see for anyone learning about capitalism.

His fatal flaw was his view that money can and should be manipulated by government. He got that part really, really wrong.

14 posted on 07/13/2011 3:56:24 PM PDT by BfloGuy (Nobody is in a position to decree what should make a fellow man happier. -- L. Von Mises)
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