“People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility because of its power, its insulation from democratic accountability, its lack of transparency, and because of its historical and structural connections to finance.” PeopleAmericaEconomicDrawsConnectionsCrisisAngryHistoricalDemocraticFinanceAccountabilityFedsReservesHostilityGet RealTransparencyFederal ReserveEconomic CrisisInsulation Author:Gerald Epstein
“Most progressive critics don't want to destroy the power of the Fed to regulate the macroeconomy and finance. They want to regain control over it so that it better serves the interests of the whole population.” WantWholeInterestCriticsPopulationFinanceOver ItFedsProgressive Author:Gerald Epstein
“The right wants to destroy the power of the Fed to increase the power of finance; and the progressives want to reorient the Fed so that it will stop protecting the interests of finance and protect the interests of the broader population instead.” WantInterestProtectIncreasePopulationFinanceFeds Author:Gerald Epstein
