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75 sats \ 1 reply \ @Bell_curve 8 Apr \ parent \ on: Hardly Anyone Is Short Treasuries; Perhaps They Should Be econ
The best time to repeal Federal Reserve Act was during the Great Depression
Also…
An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes
To furnish an elastic currency?
What does elastic mean?
lol
Elastic? That's for sure!
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