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Thursday, Oct 01, 2020

Violent protests take a heavy toll on Hong Kong economy

Protesters in Hong Kong have attacked law enforcers, stolen their guns and thrown petrol bombs at police cars. Demonstrators say they are "fighting for the future," but data shows their violence has paralyzed the city in ways not seen in Hong Kong since the SARS outbreak in 2003.
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In the late 1930s, the Federal Reserve Board refused to admit it was a government institution. So Patman convinced the District of Columbia’s government to threaten foreclosure of all Federal Reserve Board property; the Board quickly produced evidence that it was indeed part of the federal government.

Matt Stoller
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