“The Federal Reserve System had been established to prevent what actually happened. It was set up to avoid a situation in which you would have to close down banks, in which you would have a banking crisis. And yet, under the Federal Reserve system, you had the worst banking crisis in the history of the United States”
Quote by Alan Ebenstein
Work
The Indispensable Milton Friedman: Essays on Politics and Economics
Browse quotes and source details for this work. more