The Federal Reserve Has Failed Miserably | WHAT REALLY HAPPENED

The Federal Reserve Has Failed Miserably

What are the mandates of the Federal Reserve? In the Fed’s own words, the primary mandate of the Federal Reserve from its inception in 1913 has been:

“conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices (LD’s emphasis), and moderate long-term interest rates.”

Webmaster's Commentary: 

Yes, by the definitions under which the Fed was created, it is a failure.

As were its two predecessors.

TIME TO TEAR DOWN THE FED AND GO BACK TO THE ECONOMIC SYSTEM THAT WORKED BEST FOR THE PEOPLE.

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