One hundred years ago this month, on December 23, 1913, the Congress passed the Federal Reserve Act, establishing a national central-banking system in the United States. The governing board of the Federal Reserve was organized on August 12, 1914, and the Federal Reserve banks opened for operation on November 16, 1914.
Tagged: Central Planning
Let me introduce you to John Robb, fighter pilot, entrepreneur, author, blogger, etc. etc. etc. This is the kind of guy that gives even successful people an inferiority complex. His[...]