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Anonymous
Posted February 3, 2005
Federal Reserve Corporation's theory of money
The author has done his research. His accomplished mission is a popular, easy reading, short book on where is your money. In a comparison between the pp99-155 with pp3-95, the first part was interesting because easy and well illustrated, while the section from the CONGRESSIONAL RECORD of December 22, 1913,pp99-155, was harder to get into even though it was congressmen's speeches on the Federal Reserve Act [of 1913]. One griping thing said was that the widows, widowers, orphans, the poor and others furtherest from the source of paper money insertion are getting hurt the worst. The inflation hits them the hardest.
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