Regulatory Reflections and Central Bank Challenges

This chapter explores the regulatory actions from the Obama era aimed at payday lenders, tracing their resurgence under the Federal Reserve and the resulting legal complexities. It critically examines the centralization of the Federal Reserve's power, its impact on financial markets, and advocates for a return to decentralized monetary policies. Additionally, the chapter discusses the implications of current leadership and interest rate decisions on fiscal policies and public perception amidst evolving economic landscapes.