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The Federal Reserve Bank

July 24, 2002
7:00 pm - 8:30 pm

The Sweet House
254 E. Fulton
Grand Rapids, MI 49503 United States

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Organized by:
Jeff Seaver
Phone: (616) 892-9300
Email: jeff@cfimichigan.org


Dennis Murphy stated that the idea of the Federal Reserve System was enhanced because conspiracy theories suggested that the elite or unscrupulous people would control money and banks. What evolved was a unique combination of private banking and public oversight that effectively controls the money supply.

About Dennis Murphy, BS


Dennis Murphy is an engineer, mountain bike enthusiast and avid reader. This was his fourth presentation to our group, having given talks on Ayn Rand, gun control issues, and the Federal Reserve previously.