What Happened to Our Money

When the Fed monkeys with interest rates, it blindfolds the economy, spins it around, and puts banana peels along paths where it encourages it to go.

Atlanta, GA

August 30, 2026

We’ve noted repeatedly how in 1913, with the establishment of the Fed, the monetary system got on the wrong track. Then, in 1971, it went off the rails.

By the late 1960s, the US government lacked real money to feed its fiscal furnace. The engine was suddenly incapable of pulling the guns and butter it promised to haul. So centr…