Fiscal Policy vs Monetary Policy-A Primer

Issue #19 October 31, 2019

Since the formation of the Federal Reserve in 1913 and the current global financial system formed itself just over 75 years ago at Bretton Woods, NH following World War II we have had an explosion of both population and prosperity. Yet, the income inequality gap has also grown wider than ever in recent decades as the working class and investing class have operated from two different sets of awareness, and therefore, opportunity.

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”~ Thomas Jefferson

In 2019, as America begins yet again the overly long election-cycle process we will see continued rhetoric around who should pay f…