How a Fed Overhaul Could Eliminate the Federal Debt Crisis, Part I: The Fed’s Hidden Drain, by Ellen Brown

The Federal Reserve’s independence is currently being challenged by political forces seeking to reshape its mandate. The Fed has not always been independent of Congress and the Treasury. Its independence was formalized only in 1951, with a Treasury-Federal Reserve Accord that was not a law but a p......

Source: The Unz Review

Original URL: https://www.unz.com/article/how-a-fed-overhaul-could-eliminate-the-federal-debt-crisis-part-i-the-feds-hidden-drain/