Although the Fed was firmly in control, we WERE on the gold standard when Kennedy was in office. Nixon took us off the gold standard.
You are correct, I felt a twinge in m,y response that I was mis stating things and I apologize for the error, point made and accepted. What I was driving towards is that Kennedy intended to follow on the thread of thought that Eisenhower started to beware the Military Industrial Complex who was growing fat through the misery and exploitation of others. Similar to what Pharma is being found out as a similar model.
And getting the Fed out of our lives I believe was another facet of Kennedy’s plans
Thanks for the response, much appreciated