An Incompetent Federal Reserve Board Caused the Great Depression and the New Deal that Gave Congress’ Power to New Executive Branch Regulatory Agencies
Paul Craig Roberts- The Federal Reserve was formed to make such measures unnecessary. But the wisdom of regulators proved to be far short of the ability of bankers themselves to prevent panics from co
The 1930s saw the Great Depression used to vitiate legislative power and put it into the hands of executive branch agencies. It was a major step in destroying the accountability of government.……………………..