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2/22/2005

The Maestro Changes His Tune by Rep. Ron Paul, MD

It’s not enough to question the wisdom of Mr. Greenspan. Americans should question why we have a central bank at all, and whose interests it serves. The laws of supply and demand work better than any central banker to determine both the correct supply of money in the economy and the interest rate at which capital is available – without the political favoritism and secrecy that characterize central banks.

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