----- Original Message ----- 
From: Lew Rockwell <[EMAIL PROTECTED]>
To: List Subscribers <[EMAIL PROTECTED]>
Sent: Saturday, February 26, 2000 10:10 PM
Subject: Fed ignorance


> In a fascintating exchange, Ron Paul--the one Congressman
> who understands the Federal Reserve--asks Greenspan
> about the money supply, and Greenspan admits he doesn't
> know what it is.
> 
> The Fed's all-knowing aura is an illusion, but it can and does
> do massive harm. Right now, it seems to be bringing about a
> recession so that it can step on the gas and create another
> boom with no apparent inflation to elect Gore.
> 
> It's the political business cycle, just another reason we need
> non-political money (and to send Greenspan and the Fed to
> the scrap heap).
> 
> See the Weekend Edition of http://www.LewRockwell.com
> 
> 
> 

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