The Fed's Success

http://www.cato.org/pub_display.php?pub_id=9351

This is a nice summation of how well the Fed has performed it's assigned mission - stabilizing the economy, rescuing us from the inevitable ups and downs that result from free markets. Thanks guys.

Think of this every time someone complains of market failures - for us to know what that would be like, we'd have to have free markets.