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“No institution in the United States has more power with less accountability.”
- @ThomasSowell
@RepThomasMassie is over the 🎯
Since the Fed’s creation in 1913, the U.S. dollar has lost over 90% of its purchasing power.
The Fed is the root cause of Inflation which acts as a hidden tax significantly hurting working families and absolutely crushing the poor.
By buying U.S. Treasury debt, the Fed monetizes the national debt in a way that encourages Congress to overspend without immediate consequences. All they’re doing is pushing those consequences onto our children and grandchildren and it’s an absolute disgrace.
It’s time to rethink agencies created in 1913 and whether they remain relevant to modern times.
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