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1. The amount of propaganda oozing from this article is insane. The MSM sound desperate to prevent her from being approved. #EndTheFed
2. The Fed’s independence is always spun by establishment elites, MSM, and economists as necessary to create a functioning economy, but I have news for you. The current economy does NOT function for most of the population. The Fed’s independence is a huge part of the problem.
3. The Fed are the ones who control the money spigot. They are the ones who make sure the banks and too big to fail corporations get huge bail-outs. They are the ones who pump money into the stock market to enrich their friends.
4. The Fed’s independence means that they are not accountable to the public. This is a huge problem. If voters are unhappy that big banks can issue fraudulent loans, lose tons of money, ruin people’s lives, and face no accountability they have no way to express that.
5. It sounds like Judy Shelton is being attacked because she questions why the Fed is even necessary. A return to the gold standard would be a huge step in reducing income inequality and controlling runaway inflation on things like healthcare, education, and housing costs.
6. This @nytimes article today puts an even crazier spin on it. People need to wake up and understand that the reason all the media pundits support the current system is cause they are the people who BENEFIT from it. Not the general population.

nytimes.com/2020/02/13/bus…
7. Also note that the link to explain how returning to a gold standard would be “economically damaging” is merely a link to a poll of economists asking if regular people would benefit from a return to the gold standard. Not one bit of actual evidence.

igmchicago.org/surveys/gold-s…
8. Take a look at this chart of productivity vs. wages. No economist is ever able to explain this, but do you know what happened in 1971? We broke OFF the gold standard. Ever since, lives have improved for the 1% and gotten worse for the middle class.
9. If you still don’t believe me, take a look at all of these charts. The MSM do not want the public to understand this.

wtfhappenedin1971.com
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