https://archive.is/58u3F

Millions of Americans are beginning to ask themselves this question: Is the Federal Reserve (the “Fed”) a competent central bank or a terminally compromised regulator that simply does the bidding of Wall Street’s mega banks to the peril of average Americans and the U.S. economy? Millions of other Americans have already made up their minds on this point.

These persistent doubts about an institution with an $8.8 trillion balance sheet – that is backstopped by the U.S. taxpayer– is very bad for confidence in the U.S. banking system, especially when the Fed pivots from one banking bailout to the next. (What was the size of the Fed’s balance sheet prior to its serial bailouts? On December 26, 2007, the Fed’s balance sheet stood at $929 billion. It has soared by 847 percent in just over 15 years of serial bailouts.)

Let’s look at the evidence that’s been stacking up against the Fed since the financial crisis of 2008 – the worst economic collapse in America since the Great Depression of the 1930s.