Money Creation and Economic Growth Jerome Powell, the current head of the U.S. central bank, revealed that he liked this job. “Yes, … I love my job,” he said. “It’s a chance to do work that I think helps people.” (see Reference 1 below). On the other hand, President Trump once stated bluntly that the Fed and its chairman “had no guts, no sense, no vision.” (see Reference 2 below). There will be presidential elections next year in the U.S. If Chairman Powell does not want to be asked by President Trump to come to the White House for a “chat” once…...
Money Is Power, Power to the People! A Call for a Decentralized Monetary System.
15 min read
