What is going on with the Fed? Where did it start, and where is it headed? Basically, since its inception, the Federal Reserve has drifted far from its original mandate. In this video, we’re going to examine this more closely.
“Given the Fed’s recent performance, a case could be made for revisiting the Fed’s congressionally-mandated responsibilities, or proposing changes in the way the FOMC conducts monetary policy. But instead of probing the causes and possible remedies for the Fed’s recent disappointing performance, the administration and House Democrats are crafting executive orders, passing bills, and proposing new legislation that will remake the Fed by expanding its mandates to include “Great Reset,” climate-change, and “stakeholder capitalism” agendas.” – Paul Kupiec
Excerpts are from the full episode of Liberty Curious, Kate Wand sat down with Thomas Hogan to discuss the Fed’s expanding objectives.
https://youtu.be/yjx9ATslVvE
In it, we discussed how the Fed is drifting into uncharted territory, dabbling in diversity, equity and inclusion, climate policy, CBDC, and more. Hogan points out how the Federal Reserve is harming the very people it says it is trying to help by implementing these politicized missions. Find out how in this video.
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Cited articles from AIER:
https://www.aier.org/article/financial-stability-and-the-fed/
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