Comments on: A Policy Trilema? Maybe Not http://jeffreymiron.com/2010/04/a-policy-trilema-maybe-not/ Libertarianism A to Z Sun, 06 May 2012 22:53:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Matt http://jeffreymiron.com/2010/04/a-policy-trilema-maybe-not/comment-page-1/#comment-852 Matt Thu, 29 Apr 2010 12:27:11 +0000 http://jeffreymiron.com/?p=1087#comment-852 I keep hearing people say, get rid of the Fed, let's go back to the good ol' days that were before the Fed existed. I openly admit I am not a history scholar in regards to what went on, but I do know that bank failures were common place. People would lose their life savings just like that. I also know that since 1914 our country hasn't exactly fallen apart. We have grown significantly. That being said, here is my question: Please explain why things would be so great without a Fed, or point me in the direction of someone that does explain it well. I don't want a lot of comments about why the Fed is horrible, I want to know why being without one would be so great, with some historical facts to back that up. I keep hearing people say, get rid of the Fed, let’s go back to the good ol’ days that were before the Fed existed.

I openly admit I am not a history scholar in regards to what went on, but I do know that bank failures were common place. People would lose their life savings just like that. I also know that since 1914 our country hasn’t exactly fallen apart. We have grown significantly.

That being said, here is my question: Please explain why things would be so great without a Fed, or point me in the direction of someone that does explain it well. I don’t want a lot of comments about why the Fed is horrible, I want to know why being without one would be so great, with some historical facts to back that up.

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