The Consumer Price Index is 15 times higher than it was when the Federal Reserve was founded in 1913. In the hundred years prior to the advent of the Federal Reserve, prices in America fell by one third.

Another quote →

More quotes by Harry Browne

All Harry Browne quotes →

Attribution

Quote text and notes from Wikiquote: Harry Browne (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.