War is Peace, Freedom is Slavery, Ignorance is Strength, and Debt is Recovery

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Are the Chinese just worried about the sagging value of the $1.4 trillion in U.S.

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One of the positions of Republican presidential candidate Ron Paul that mainstream pundits find "wacky" is his call to abolish the Federal Reserve System. Never mind that two Nobel Prize-winning economists — both libertarians — called for the same thing.

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Congressman Ron Paul vows to abolish the IRS, put an end to the war in Iraq and to eliminate current trade agreements. These are the raving rants of an idiot...

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The third installment of the series, this segment ties together what have been disassociated historical elements in revealing little known circumstances prior to the Federal Reserve's creation.

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People ask me, "What should the Federal Reserve's monetary policy be?" The answer, theoretically and practically, is simple: paralysis. Are prices rising? The FED should cease buying or selling assets, e.g., U.S. Treasury debt.

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MILTON FRIEDMAN won the John Bates Clark Medal, awarded to an outstanding American economist under the age of 40, in 1951. Many consider it harder to win than a Nobel Prize.

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