LARGE PRINT EDITION More at LargePrintLiberty.com
Where did this thing called the Fed come from? Murray Rothbard has
the answer here -- in phenomenal detail that will make your head
spin. In one extended essay, one that reads like a detective story,
he has put together the most comprehensive and fascinating account
based on a century's accumulation of scholarship. The conclusion is
that the Fed did not originate as a policy response to national
need. It wasn't erected for any of its stated purposes. It was
founded by two groups of elites: government officials and large
financial and banking interests. Rothbard adds a third critical
element: economists hired to give the scheme a scientific patina.