Progressive nerds love the idea.
Jesus threw the banksters out of the temple and proposed the forgiving of debts. People of good faith must try to understand this system of debt-enslavement and organize to end it.
"The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a
Just as in Tea Party history, which sees the American people as essentially anti-government, an act of faith is required to see the American people as essentially socially progressive (or essentially anything).
We've seen behind the curtain, as the Fed waved its magic liquidity wand over Wall Street. Now it's time to enlist this tool in the service of the people.
While monetary policy frameworks fortified the castle against inflation at the front, they didn't pay much attention to back door vulnerabilities. I'm talking about financial stability.
Wall Street has caused some of the most fundamental problems, so we cannot turn to Wall Street to create the solutions.
Ben Bernanke's first exposure to monetary policy was reading the works of Milton Friedman, the Nobel laureate. That was 30