Why does no one, not the media, not Congress, and not even US Presidents prior to Trump, speak about monetary policy? The answer is simple. The US Government does not control monetary policy. Instead the US Government “subs that out” to a private corporate entity, one cleverly designed to appear as a governmental organization, but is not. That corporate entity is called the “Federal Reserve System.” In passing the Federal Reserve Act in 1913, Congress privatized control over the issuance of American currency. No longer a function of government, the ownership and control of the American money supply was handed to an appointed board sitting atop a private institution known as the “Federal Reserve Central Bank.”
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Trade Deficit and Federal Reserve, Stealing…
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Why does no one, not the media, not Congress, and not even US Presidents prior to Trump, speak about monetary policy? The answer is simple. The US Government does not control monetary policy. Instead the US Government “subs that out” to a private corporate entity, one cleverly designed to appear as a governmental organization, but is not. That corporate entity is called the “Federal Reserve System.” In passing the Federal Reserve Act in 1913, Congress privatized control over the issuance of American currency. No longer a function of government, the ownership and control of the American money supply was handed to an appointed board sitting atop a private institution known as the “Federal Reserve Central Bank.”