It was an era of unprecedented wealth creation and upward mobility. There were also robber barons, who preyed upon government largess. The irony here is that t

It was an era of unprecedented wealth creation and upward mobility. There were also robber barons, who preyed upon government largess. The irony here is that the Fed was created at the behest of one of the greatest robber barons of them all, John Pierpont Morgan. To this day the institution still protects the interests of Wall Street at the expense of holders of USD. Corruption is still with us. If we are to be real as you say, we should also acknowledge that history is largely written by the victors. Not mentioned are the other two central banks the US fought to extricate itself from. It shouldn't be surprising at all that a two second glimpse of into the subject results in a superficial reading of history. I think the above poster mentioned something about nuance. If the Federal Reserve Notes issued by the central bank were sufficient to meet our monetary needs, there would be no interest in cryptocurrencies. Clearly, "Something is rotten in Denmark", or NW DC more accurately.