Milton Friedman Quote

Quote from Milton Friedman,

"I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.''

By:	Milton Friedman (more quotes by Milton Friedman or books by/about Milton Friedman)
	(1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"
Source:	'Capitalism and Freedom'
Categories:	Banking, Conspiracy, Debt, Economics, Fed, IMF, Money
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