[lbo-talk] ruling class

Charles Brown cbrown at michiganlegal.org
Mon Mar 27 13:42:49 PST 2006


The pre-WW I ruling class agitated to created the Federal Reserve. It was maybe their formative experience.

Doug

^^^^^^ CB; Didn't the Fed replace J.P. Morgan in carrying out some functions he had executed during a financial crisis ? (On his boat , he got a bunch of bankers to agree to something ? )



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