All time Quote by Milton Friedman

The Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931…

— Milton Friedman

There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much…

— Wright Patman

The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one…

— Milton Friedman

The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe.…

— Milton Friedman

“The Federal Reserve System had been established to prevent what actually happened. It was set up to avoid a situation in which you would…

— Alan Ebenstein

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became…

— Ben Bernanke

Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was…

— Llewellyn Rockwell

As soon as Mr. Roosevelt took office, the Federal Reserve began to buy government securities at the rate of ten million dollars a week…

— Eustace Mullins

“Had the Federal Reserve System never been established, and had a similar series of runs started, there is little doubt that the same measures…

— Milton Friedman

Throughout history, every government that's printed money, the money has eventually gone to its ultimate value which is zero. Remember? The confederate dollar went…

— Robert Kiyosaki

“The accepted version of history is that the Federal Reserve was created to stabilize our economy. One of the most widely-used textbooks on this…

— G. Edward Griffin

“President John F. Kennedy, like Lincoln, attempted to curtail the bankers by diminishing the power of the Federal Reserve. In June 1963, he issued…

— Jim Marrs