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Does the Fed Shave with Occam’s Razor?

Summary by Mises Institute
The principle of Occam‘s Razor states that we should avoid superfluous activity. When it comes to our monetary system, however, the Federal Reserve System doesn't simplify things, but instead complicates the economy. That alone is reason for it to be abolished.

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Does the Fed Shave with Occam’s Razor?

The principle of Occam‘s Razor states that we should avoid superfluous activity. When it comes to our monetary system, however, the Federal Reserve System doesn't simplify things, but instead complicates the economy. That alone is reason for it to be abolished.

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Mises Institute broke the news in on Monday, April 14, 2025.
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