SatStacker on Nostr: The start of the Fed in 1913, and thus fractional banking, gets too much of the ...
The start of the Fed in 1913, and thus fractional banking, gets too much of the blame. These things were necessary because of something else that was enacted in 1913, the federal income tax. The federal income tax created the need for inflation and the central bank was the necessary tool to fill that need.
Published at
2025-01-04 15:02:59Event JSON
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"content": "The start of the Fed in 1913, and thus fractional banking, gets too much of the blame. These things were necessary because of something else that was enacted in 1913, the federal income tax. The federal income tax created the need for inflation and the central bank was the necessary tool to fill that need.",
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