The Origins of the Fed - Ron Paul - Mises Daily - 0 views
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The Federal Reserve cartelizes the banking industry, allowing individual banks to inflate together, earning them and the government enormous profits, while making sure that they are never held accountable for their fraudulent practices.
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early 1900s — during the so-called Progressive Era — the US government began a radical program of intervention into the economy.
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a precursor of socialism and fascism
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