Constitutional Authority Over Money: The Fed, Congress, and the President

A discussion highlights the constitutional conflict regarding the power over money, asserting that in a representative system, this authority belongs to the legislature rather than the Federal Reserve.

7 Apr, 13:55 — 7 Apr, 13:55

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naked-capitalismMixed1d ago

The Fed, Congress, and the President: The Constitutional Authority to Make Money

The struggle over the Fed is a constitutional conflict: in a representative system, the power over money belongs to the legislature

By Yves Smith

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Constitutional Authority Over Money: The Fed, Congress, and the President

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The Fed, Congress, and the President: The Constitutional Authority to Make Money

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