Study of the Hegemony of Parasitism - michaeljgoodnight.com

Paul Craig Roberts writes in Businessweek, Feb. 27,
1984:
"Whatever Volcker's intentions, the empirical data show that there has been
a deceleration in money growth since last spring and that the Fed has been
using open market operations to keep interest rates up.... What concerns the
financial markets is the eclipse of Reagan's policies by Volcker's.... the most
likely result will be higher taxes and higher deficits."
Nevertheless, the press and the Democrats attack
Reagan as responsible for the deficit, over which he has
no control, and which Volcker creates.
The New York Times stated that whoever won the
election in Nov. 1984, it has already been decided that
taxes will be increased by $100 billion. Here again, why
have an election of elected officials who have no
influence in economic affairs? Brunner recently
interviewed Walter Wriston, retired head of Citibank, who
said:
"I have been through the Fed's actions for the past fifteen years in detail --
the Fed has exercised a malign influence on the economy of this country. Its
interference in the financial markets of America over the last decade has
resulted in persistently excessive money growth, inflation which undermined
the financial strength of U.S. corporations owing to the combined inflation
and excessive rates of taxation, and record debt."
Forbes pointed out June 20, 1983 in a story about "Tony"
Solomon, "Solomon may be the most important man in
the Federal Reserve System after the chairman, and
what he says and does has an effect upon us all."
Perhaps you have never heard of Tony Solomon.
Certainly you have never voted him into any office, yet