Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

A 1953 FEDERAL RESERVE SPEECH (the birth of free trade)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
 
Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 10:08 AM
Original message
A 1953 FEDERAL RESERVE SPEECH (the birth of free trade)

I like to dig around in the archives of the Federal Reserve. There are many golden nuggets stored there. Anyone who wishes to see how the thinking about the Federal Reserve, the Treasury and the private banking system evolved, this is the place to go. Today, we go back even earlier than the infamous 1961 gold market manipulation memo I dug up last week. Back to 1953, Eisenhower had just become President, the Cold War just began and the Korean War was winding down to its present stalemate.


http://fraser.stlouisfed.org/historicaldocs/wmm53/downl...

THE TRANSITION TO FREE MARKETS
Remarks of Wm. McC. Martin, Jr., Chairman,
Board of Governors of the Federal Reserve System,
at luncheon meeting of The Economic Club of Detroit,
Sheraton-Cadillac Hotel,
Detroit, Michigan
April 13, 1953.

Continued>>>>
http://emsnews.wordpress.com/2009/01/24/a-1953-federal-...
Printer Friendly | Permalink |  | Top
 
Liberal Democratic discussion forum
   Replies to this thread
  - What a gathering of evil vultures that must have been  infidel dog   Jan-24-09 10:19 AM   #1 
 
infidel dog Donating Member (186 posts) Send PM | Profile | Ignore Sat Jan-24-09 10:19 AM
Response to Original message
1. What a gathering of evil vultures that must have been
Probably something like the Havana neeting with Hyman Roth, Michael Corleone and all the other fine businessmen in The Godfather II.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Wed May 22nd 2013, 05:14 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC