04/27/2011
“The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.”
--Henry Hazlitt
On this Fed-driven news day, I think it’s wise to remember these words of the great economist Henry Hazlitt. That’s because the more power you give the politicians, the less power the individual citizen has -- and that’s not good.
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