https://www.lewrockwell.co...

If the Fed Goes, The State Will Soon Follow

By George F. Smith

Mises.org

A central bank is not a natural product of banking development. It is imposed from the outside or comes into being as a result of government favors.

—Vera Smith, The Rationale of Central Banking and the Free Banking Alternative

Anarchy, the absence of coercive government, must not be confused with chaos.

—Robert P. Murphy, Chaos Theory

The Federal Reserve is dying from monetary mischief. The Fed recently made a woke mandate that will only accelerate its own demise. The Fed never should have existed. As a central bank, the Fed is a rogue institution that functions as a giant counterfeiter for hegemonic government and special interests.

Government signed off on the Fed long ago and soon found it indispensable for funding whatever politicians could dream up. ......