SOMA’s Been Talking For Over A Year: Jay’s Got Some Explaining To Do (bills)
This goes back to the earliest days of the Federal Reserve. In 1912 and even before, in order to sell the skeptical public on another central bank – the nation’s third, and first in three-quarters of a century - in what was already going to be an uphill battle, Congress demanded that this thing be called something other than a [...]
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