Source: Garrison Center
by Thomas L Knapp
“The Fed shouldn’t lower — or raise — interest rates. The Fed should dissolve, or be dissolved, and the job of ‘creating money’ should be left entirely to a free market. There’s simply not enough room in an op-ed column to explain the intricate processes through which the Fed has debased the value of American money over the last 112 years, but lengthy explanations aren’t really necessary. The results of giving a banking cartel a monopoly on the creation of ‘money,’ the power to create that ‘money’ from thin air, and a mandate to loan that ‘money’ to politicians who can borrow as much as they want as often as they want, were predictable from the start.” (04/22/25)