I've always been in favor of abolishing the Federal Reserve and substituting a machine program that would keep the quantity of money going up at a steady rate.
Sunday, December 16, 2007
Cramer and Paul Channel Friedman
Jim Cramer talked to presidential hopeful Ron Paul recently concerning adding oversight to the Fed Reserve. Their conversation bears a similar cord Russ Roberts interview (transcript) with the late Milton Friedman last year on EconTalk. The lack of transparency is so severe, the potential for disaster so high, Friedman said
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