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The root of all evil?

April 1, 2009
Brasscheck TV
4/1/2009

Lots of media talk about bonuses. Lots of media talk about bad banks. But no talk about the institution that not only encouraged the bubble to form but fueled the fire.

The Federal Reserve Bank.

What is the Fed?

For starters, it’s neither “federal” nor a “reserve” nor a “bank.”

What is it then?

The answer may surprise you:

Video courtesy of Ludwig von Mises Institute – www.mises.org

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