Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on June 19, 2012
It’s too late for the Federal Reserve to goose the economy upward in order to give Obama an edge in the November election. It turns out that the FED has not intervened often in the past to do anything to affect the outcome of a Presidential election. Arthur Burns probably did in 1972 to help […]
Continue reading →Written by Gary North on March 22, 2012
The headline on MarkeWatch blared: Fed earns $77 billion from balance-sheet explosion. That got my attention. We learned the following: The Federal Reserve and its district banks earned the second-highest amount in its history last year as the central bank profited from increasing its balance sheet to boost the U.S. economy. The Federal Reserve and […]
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