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The Humphrey-Hawkins Full Employment and Balanced Growth act signed into law by President Jimmy Carter on October 27, 1978, tried to translate into practical reality the right of all Americans to get useful paid employment at fair rates by embracing Keynesian economic theory. If someone magically has a right to work, someone must necessarily lose…

You can now click on pictures for better resolution. Much ink has already been spilled on the so-called September “taper” which was almost pre-announced by the Federal Reserve. However, in the grand scheme of things no one will care if we spill marginally more. In May and later in June, Chairman Bernanke went lengths to…