Parasitic Finance Capitalism: Myths about the Federal Reserve

Talk about euphemisms! How about this one? Federal Reserve sounds like:

a) it is a government-run institution (not private)

b) it is stable-reserve sounds like it will reign in the chaos of normal capitalism

c) it protects the public

As this article shows, it is none of these and never has been.

Read more in Global Research

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

View all posts by Barbara MacLean →

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