by Daily Bell Staff
The Daily Bell
Are anti-Fed articles appearing in mainstream publications part of an extended program of tearing down the Fed in order to remake it as part of a global central bank?
Recently published anti-Fed arguments and their nearer-term motives have been commented on with considerable accuracy by various alternative-media entities. These arguments are compellingly presented. But step back, please.
It is difficult to avoid concluding – if one examines events from the requisite altitude – that the current system will eventually give way to something more homogenized. Perhaps the IMF will take the lead, or perhaps the Fed and other powerful central banks will be more fully integrated under the supervision of the International Monetary Fund.