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To: Brad from Tennessee
To pay for it, the Federal Reserve inflated the money supply, causing the nation’s debt to grow from $1 billion in 1914 to $24 billion in 1920.

So even the NY Times admits it. The Federal Reserve is the political foundation of Progressive Government. Without fiat, unlimited debt and fake interest rates, the Federal Government can in no way engage in the thousands of social engineering projects it does.

Conservatives should understand - they will lose EVERY major economic and social battle against the Left, as long as the left has the weapon of unlimited printed money

13 posted on 08/27/2015 10:09:01 AM PDT by PGR88
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To: PGR88

Makes sense. Woodrow Wilson was hell-bent on establishing the Fed.


14 posted on 08/27/2015 11:40:19 AM PDT by Buckeye McFrog
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