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A COMPUTER PROGRAM WOULD DO BETTER THAN THE FED
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Ludwig von Mises Institute
by Hans F. Sennholz
"No one can contend that the Federal Reserve System has
brought economic stability or conquered the trade
cycle," writes Hans Sennholz. "On the contrary, its
critics are convinced that a politically conceived and
administered money monopoly, such as the Federal Reserve
System, is the worst of all money systems." (11/12/02)
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