A centralized monopoly on financial power hasn't been around since Nixon's days, if not prior. Once we left the gold standard and the Eurodollar market came ab

A centralized monopoly on financial power hasn't been around since Nixon's days, if not prior. Once we left the gold standard and the Eurodollar market came about with unregulated cashless reserveless systems operating outside of the US responsible for more creation of credit (aka "money") than happens inside the US, the Federal Reserve has been demoted to puppetmaster in chief for a puppet show that keeps the plebs from panicking at the though that nobody is actually remotely in control of the monetary system, and that instability has been and will be doing nothing but grow as time goes on. The fun part is, they keep taking tips on how to manage a crisis from a country that has been in a state of financial crisis for the better part of 30 years -- Japan. You'd think after decades of dozens of rounds of QE and actually seeing their currency DEFLATE they'd take a hint that maybe it's time to rethink how we actually think about and approach the monetary system, but I'm sure not holding my breath at this point.