Charles Lindbergh Quotes
The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created.
Lindbergh, Charles A., Sr. Banking and Currency and the Money Trust. National Capital Press, 1913.
Many people think that as a New Deal Democrat, she did not consider inflation as a major problem. However, she did, and this is but one example.
Prior to that the practice of the Fed was simply to make interest rate and other decisions and never discuss or explain anything. And they never tried to use words to try and change economic behavior. See {639156} for the Fed Chairman’s practice. However in 2001 that changed and they used language to shape investor and consumer behavior.
Charles Augustus Lindbergh, nicknamed Slim, Lucky Lindy, and The Lone Eagle, was an American aviator, author, inventor, military officer, explorer, and social activist. In 1927, at the age of 25, Lindbergh emerged from the virtual obscurity of a U.S. Air Mail pilot to instantaneous world fame as the result of his Orteig Prize-winning solo nonstop flight from Roosevelt Field on Long Island, New York, to Le Bourget Field in Paris, France. He flew the distance of nearly 3,600 statute miles (5,800 km) in a single-seat, single-engine, purpose-built Ryan monoplane, Spirit of St. Louis. Lindbergh was the 19th person to make a Transatlantic flight, the first being the Transatlantic flight of Alcock and Brown from Newfoundland in 1919, but Lindbergh's flight was almost twice the distance. The record-setting flight took 33 1⁄2 hours. Lindbergh, a U.S. Army Air Corps Reserve officer, was also awarded the nation's highest military decoration, the Medal of Honor, for his historic exploit. Politically, the National Hero became an active fascist supporter of Mussolini and Adolph Hitler who awarded him a Medal for Supporting Fascism, Anti-Semitism and advocating for America to allow Hitler to conquer German and the rest of Europe. After WWII he was in disgrace.
