Yes, good insight into the power of the Fed - which IMO has way too much power.
"Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly".
Think this describes the Fed?
It comes from the 5th Plank, Communist Manifestor, by Karl Marx (1848) :(
What a ridiculous assertion that this man is responsible for "saving" our economy. The first dozen or so responses just proves that many modern day conservatives believe in the power of government just as much as liberals do. The only thing accomplished by printing more money is to devalue what's already out there. Face it you devoted acolytes of the Grand Pubah Greenspan, the Fed is unconstitutional, corrupt, and in the end, powerless to save anything.