Reimagining the Federal Reserve

This chapter critiques the evolution of the Federal Reserve since the Banking Act of 1935 and proposes a restructuring to restore its original purpose of managing regional interest rates. It examines the implications of trade policies and central banking in Europe, comparing the Federal Reserve's impact on states like California and Mississippi. The discussion highlights the conflict between centralization and decentralization in financial systems, particularly in the context of cryptocurrency and varying state taxation strategies.