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Federal Reserve, Breaking the Law, the Fed, IOR, interest on reserves, Janet Yellen, Board of Governors, Lael Brainard, Stanley Fischer, Jerome Powell, IOR, Board of Governors, fed funds rate, ffr, Janet Yellen, Hensarling, Huizenga
Banking Regulation, The Fed & Central Banks

Has the Fed Been Breaking the Law?

George Selgin/September 6, 2016June 19, 2022

No, I don't mean sections 8 and 10 of the Constitution's first article — though goodness knows a case can be made (and has been made recently, and most eloquently, by CMFA Adjunct Scholar Dick Timberlake), that it hasn't adhered to the letter of that law, either. I'm…

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Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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