Federal Reserve Propoganda.
They are the foundation of America’s progressive government, massive spending, and debt-based economy.
“They are the foundation of America’s progressive government, massive spending, and debt-based economy.”
Progressive legislation began in Teddy Roosevelt’s administration 1901-1909. The Federal Reserve Act wasn’t law until 1913.
Gov’t spending is controlled by Congress. And so is the amount of national debt. The Federal Reserve can’t spend a cent or issue a dollar of gov’t debt.