2min chapter

The Soho Forum Debates cover image

Are Libertarians Greedy and Delusional?

The Soho Forum Debates

CHAPTER

The Fed's Money Printing Brings Up an Evil Perpetrated by the Central Bank That Any Small D Democrat Should Object To

Ron Paul abdicated the abolition of the Federal Reserve in his presidential campaign. Andrew Keen: The ability of the central bank to intervene softened business cycles throughout the 20th century with less oscillations of boom and bust, unquote. But if you just take the past half century since the early 1970s, business cycles have been at least as severe as the period before the Fed was created," he says.

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