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POSTED ON March 30, 2018  - POSTED IN Guest Commentaries

The Federal Reserve manipulates interest rates, creates money out of thin air, blows up asset bubbles and generally wreaks havoc on the economy. But some people have found an even more insidious problem with the Fed.

It’s not “diverse” enough.

Historian Tom Woods offered up some pretty sharp observations about this latest “outrage” in a recent email. And lest you think this is just a screed against left-wing social justice warriors, he has some sharp words for Republicans too. There’s pretty much bipartisan agreement when it comes to the “indispensable” nature of the Fed.

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