5min chapter

Macro N Cheese cover image

American Exception with Aaron Good

Macro N Cheese

CHAPTER

The Federal Reserve Is a Massless Hierarchy of Power

In the 50s seerite mills said that power was concentrated at the very top of the big three institutions which are big business, political system in the military. After reagan takes over after the end of breton woods this becomes an even more financialized entity in the military industrial complex. The people that run the big capital firms look black rock state street and band guard if you look at them on the whole they essentially have a majority interest of most of our major industries managed by these big firms. They're individual investors who own all of this money but the people that manage it become themselves very important political actors. That's where the political power is really located to the extent that we can

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