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/
Milton Friedman: The Purpose of the Federal Reserve 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/