The American Spectator

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(Page 4 of 10)

p>Will this backfire for them and the denomination, just as Obama's evasiveness, if not outright prevarication, as well as absence of judgment and moral ambivalence and blindness continue to do so for him? How can it not? br> -- C. Kenna Amos br> Princeton, West Virginia /p> p> ROBBING FROM PETER TO PAY PAULSON br> Re: Philip Klein's Depressed about Paulson : /p> p>Rothbard, in his book on the economic history of the U.S., reports that the Federal Reserve actually did substantially inflate the currency during the Depression, but private hoarding was a more powerful effect than Fed currency inflation, with the result that available currency contracted. Friedman's report about the Fed contracting the currency during the Depression was apparently incorrect. br> -- Will Schueman /p>

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