Arthur F. Burns was the Federal Reserve chair appointed by Richard Nixon. He was supposed to be one of the “good guys.” As it turns out, his actions did not line up with his “goodness.”
Burn’s story is illustrative. It reminds us that we can’t rely on “good people” to protect our liberties. The problem isn’t the people. It’s the sources of power we offer them.
For Further Reading
How the Fed Wrecks the Economy
Status Report: Sound Money in the States
The Dangers of Consolidation: Antifederalist Brutus No. 1
- Kentucky Repeals Sales Taxes on Gold and Silver Bullion - April 18, 2024
- Alaska House Committee Holds Hearing on Defend the Guard Act - April 17, 2024
- Gold and Silver as Legal Tender Approved by Second Missouri House Committee - April 16, 2024