Criticism of The Federal Reserve

Criticism Of The Federal Reserve

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) has faced various criticisms since its inception. The system was established on December 23, 1913 as a third attempt at central banking in the United States. The Federal Reserve Act was considered to be the solution to the money trust even though elements of the system were conceived by Nelson Aldrich and banking executives.

Read more about Criticism Of The Federal Reserve:  Creation, Congress, The Great Depression (1929), Global Financial Crisis, Conservative Criticism, Non-mainstream Economics, Private Ownership or Control, Transparency Issues, Public Opinion

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