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June 3, 2008

The Fed's unholy legacy

By Amanda Lang

The US Federal Reserve Board was created to safeguard price and financial stability by controlling money supply and credit creation. Betraying its mandate, it is responsible for price instability, a collapse in the US dollar, unemployment and food riots.

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The US Federal Reserve Board was created to safeguard price and financial stability by controlling money supply and credit creation. Betraying its mandate, it is responsible for price instability, a collapse in the US dollar, unemployment and food riots.

Authors Bio:

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.


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