The Federal Reserve is out of control, acting in ways and with powers that were never explicitly granted by Congress.
By
Christopher Whalen •
April 9, 2019
Herman Cain By Gage Skidmore/Creative Commons
Last week, President Donald Trump set the economics community aflame by suggesting that he will appoint businessman and presidential aspirant Herman Cain to the Federal Reserve Board. Even more than political economist Stephen Moore, the critics maintain, Cain represents a threat to the cabal that has controlled the central bank for decades.
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