
Episode 55: Christopher Leonard
Krystal Kyle & Friends
00:00
Federal Reserve - The Balance of Power Shifts Over Time
The original structure of the federal reserve was designed to keep wall street at front. Power was dispersed among 12 regional banks, overseen by a board of governors. But in 19 35, through a kind of overhaul of the federal Reserve act, you saw power become increasingly centralized and more insulated from the public. And that's how it's transforming our economy without people really even understand what's going on.
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