If you want crash course in how US monetary process & the Fed works (big picture as well as nuts & bolts) read these I often say progressives should understand banking & finance better & if they did they would be angrier & their criticisms far more effective Nathan gets thathttps://twitter.com/NathanTankus/status/1243718269707714561 …
Replying to @Chris_arnade
Understanding banking & finance could lead them into sympathy or association with the "politically undesirable", thus ignorance is preferable. The monetary system is the 3rd rail.
10:54 AM - 28 Mar 2020
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