Association Quote by Charles Lindbergh
“History has recorded nothing so dramatic in design, nor so skillfully manipulated, as this attempt to create the National Reserve Association, or the Federal Reserve.”
About This Quote
Source Speech: Economic Vision, 1934
The Federal Reserve is a dramatic, skillfully engineered financial creation.
In simple terms: Fed is a powerful design.
Key Takeaway
Understand its influence on economy.
Themes
economics
policy
financial engineering
history
Mood
analytical
serious
Type
educational
critical
When to use this quote
- investment
- budgeting
- policy analysis
Key Concepts
central banking
monetary policy
Questions to Reflect On
- How does the Fed affect everyday life?
- What reforms could improve it?
A Different Perspective
Complex systems can be opaque.
![“[T]here are, at bottom, basically two ways to order social affairs, Coercively, through the mechanisms of the state - what we can call political society. And voluntarily, through the private interaction of individuals and associations - what we can call civil society. ... In a civil society, you…” quote by Ed Crane](https://sms4smile.com/quotes/img-quotes/b8b/ed-crane-39299_affair_t-here-are-at-bottom-basically-two-ways_34431.jpg)
