Milton Friedman: The Purpose of the Federal Reserve

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Milton Friedman says that the purpose of the federal reserve is to provide cash when there is a run on the banks. This is part of a 10 hour series which can be viewed at: http://www.ideachannel.tv/

Category: News
Uploaded: August 22nd, 2007 @ 9:20 am
Author: politicsstuff

Length: 04:55
Rating: Whole StarWhole StarWhole StarWhole StarHalf Star
Views: 33,006

Tags: bank cash crash crisis depression economy federal money on recession reserve run shortage supply

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