While the United states Armed Forces (private mercenaries) are in Afghanistan and the Philippines defending “all freedom-loving people everywhere in the world,” Ben S. Bernanke, member of the Board of Governors of the Federal Reserve System of (central) Banks, admits to free-market economist Milton Friedman, on the occasion of his 90th birthday party, admits the FRSB caused the Great Depression: “Regarding the Great Depression. You’re right; we [the Federal Reserve] did it. We’re very sorry. But thanks to you, we won’t do it again.”
[restored 11/26/2023] Thanks to Bill Holmes for this entry.
Subsequent Events:
References:
FRB Speech. Bernanke—On Milton Friedman’s Ninetieth Birthday—November 8, 2002
www.federalreserve.gov/boarddocs/speeches/2002/20021108/