I'm not a crazy and I advocate the abolishment of the fed. People claim we need them as "a lender of last resort" and then they rally against bailouts. People don't realize that practicing the "last resort" lending is a bailout!
Also, Cantillon effects messing up the economy, putting more wealth in the hands of banking elite, growing the size of government, etc... are other problems made possible by central banking.
Also, Cantillon effects messing up the economy, putting more wealth in the hands of banking elite, growing the size of government, etc... are other problems made possible by central banking.