[PGR88]

The Federal Reserve is a top-down, soviet-style central-planning agency, managing the most important commodity of all - money.

We should not be surprised when the consequences of its actions turn out like any other central-planning agency.

[proxy_user]

Nowadays, the Brahman bankers might really be Brahmans!

[Bratch]

Looks as if the stats ran fairly close together until the early 2000's.

IIRC, that when the Republicans, who up until that time touted themselves as the fiscally conservative party, started spending like drunken sailors on shore leave.

It was the first time they had held all 3 branches of government for more than one session of Congress since the Roaring Twenties, and by thunder, they were gonna get their fair share from the pig trough.

[Toddsterpatriot]

In 1913, Woodrow Wilson and his progressives promised that the Federal Reserve would avert both depressions and inflation,

Did they really promise that? Link?