Fed Razes Its Own Edifice

In March the Deep State Money Manipulators brazenly did away with the primary foundation upon which the central bank was erected. And almost no one noticed! Under cover of the Covid-19 panic, Federal Reserve chairman Jerome Powell and the Fed’s Board bulldozed its entire rationale, the central argument used to persuade the skeptical American people more than a century ago to allow the establishment of a national bank. Then they shoved this justification over a cliff and into the memory hole below. There is a reason the Fed was named the “Federal Reserve  System.” It was to be called “federal” … Continue reading Fed Razes Its Own Edifice