Now, I don’t 100% agree with what was put out in the article, but, it’s a very worthwhile read.
Jackson Hole — The Jackson Hole Summit by the American Principle’s Project (APP) for sound money made an excellent case that the country would have been better off without the Fed’s style of management for the last 102 years.
From its founding until the beginning of the 20th century, the United States went from a non-economy to being the world’s largest and wealthiest economy. It achieved this feat on the gold standard mostly, with no central bank, (except for 36 years), and with little or no central planning.
The country it replaced as the largest and wealthiest economy, Great Britain, had become the largest and wealthiest economy using the gold standard and a laisse faire Central Bank with no…
View original post 299 more words