Escrito por Eric Fleischmann. Título original: Laurance Labadie’s “Money and Politics”, 27 de enero del 2022. Traducido al español por Camila Figueroa. Dinero y política El dinero, especialmente el dinero a crédito, es sin duda uno de los mayores descubrimientos cooperativos. Sin él no parece posible una gran especialización del trabajo, excepto bajo un control…

Money and Politics Money, especially credit money, is undoubtedly one of the greatest of cooperative discoveries. Without it no great specialization of labor seems possible, except under an all-inclusive state control of industry, and even here something of its nature would be necessary to maintain a check of and on consumption Money is inconceivable without…

C4SS Feed 44 presents Grant A. Mincy‘s “End the Fed: The Economics of Liberty” read by Christopher B. King and edited by Nick Ford. Thanks to Carmen Segarra, however, we now have some keen insight to the inner operations of the Federal Reserve System. Segarra was recently employed at the New York Fed as a bank examiner, charged…

At The Washington Post, the Center on Budget and Policy Priorities’ Jared Bernstein argues that “the Federal Reserve can reduce inequality,” that by “using its interest-rate tools to keep the cost of borrowing down and signaling to the investor community that it is committed to keeping rates low, it can help to trigger job-creating activity.”…

La Federal Reserve ha l’incarico di mettere in pratica la politica monetaria americana. Considerato che dirige la più grande potenza economica mondiale, la Fed è ai vertici delle istituzioni di potere. Anche se guida la politica monetaria pubblica, la Fed è in gran parte privata. Dunque si muove in segreto, in assenza di controlli pubblici….

The Federal Reserve is responsible for implementing US monetary policy. As it directs the world’s largest economy, the Fed earns top rank among powerful institutions. Though the central bank guides state monetary policy, the Fed is largely a private institution. As such, bank operations move in secrecy, absent of oversight from the public arena. Thanks…

This is the second part of my two part series on Lynn Stuart Parramore’s recent article titled How Piketty’s Bombshell Book Blew Up Libertarian Fantasies. Let’s get started. She writes: By 1987, Ayn Rand acolyte Alan Greenspan had taken over as head of the Federal Reserve, and free market fever was unleashed upon America. Alan…

Transfer of Power Arguably the most powerful person in the United States (even rivaling the POTUS), Ben S. Bernanke, has left the Federal Reserve. Since 2006 he has sought to make the economy his marionette. Fed policies, under his direction, worked to manage a collapsed housing market, busted mortgage industry and the 2008 global financial crisis –…

“A intervenção hegemônica,” escreveu Murray Rothbard, “substitui a ordem pelo … caos.”

David D’Amato on Federal Reserve financial hegemony.