Serious question: what do people read that convinces them the Fed is evil? Is there a canonical economic theory thinkpiece they hand out at crypto camp?
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even more interesting to read his biographies, as well as to note that it’s still the largest bank in the US. it’s Rockefeller level, where again there the largest oil cos are still mostly constituents of standard. We’re starting to see this domination with amzn as 50% of ecomm.
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But ultimately the question is whether the nation state should be able to control interest rates and money supply, and whether modern reserve banking is net good. Artificially low sovereign interest rates for so long has arguably been very damaging in many ways.
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