And the bill came tumbling down…

Jeffrey Tucker celebrates:

House rejects the bill. A magnificent repudiation of the Fed, the Treasury, Bush, Wall Street welfarists, inflationists, and stabilizers of all sorts. The costs of what the Fed has already done are going to be massive and felt for many years. But at least Congress has so far, and this time, not participated in the evil.

It’s a great birthday gift for Ludwig von Mises.

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