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The End of Central Banking, Part I
Economics

The End of Central Banking, Part I

By Richard M. Salsman

Feb 20, 2013
∙ Paid

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The Objective Standard
The Objective Standard
The End of Central Banking, Part I
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This year marks the centenary of the law establishing the U.S. central bank, the Federal Reserve (Fed), so it’s an appropriate time to assess the role of central banking and the Fed’s long-term performance. Another reason to focus on central banking is its recent vast expansions in both paper-money creation and government debt monetization.

Although retr…

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