Fed may have to disclose “emergency lending” docs

From MarketWatch. It’s amazing that some people regard the Fed as benevolent when it works so hard to keep its workings away from the public eye. When policies to alter the economy are debated in living rooms and used by politicians to get votes, how is it justifiable for their implementation to be secret?

1 Comment
  1. The ruling class has long used the fear of calamity, uncertainty to get people to give them power to fix problems, but they will always conduct their meetings behind closed doors so the public doesn’t find out they are also the ones responsible for the calamity and uncertainty.

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