Federal Reserve Constitutional or Merely Legal?

By: drrobertowens (Diary)  |  March 8th at 07:10 AM  | 

The Federal Reserve is the Central Bank of the United States. It is in charge of printing money issuing bonds and setting interest rates for those bonds. Article 1, Section 8 of the Constitution says, “The Congress shall have Power … to coin Money, regulate the Value thereof.” The Federal Reserve is never mentioned. Has it always been this way? Does any other country do | Read More »

Is the Federal Reserve Constitutional?

By: drrobertowens (Diary)  |  September 30th at 03:54 PM  | 

The Federal Reserve is the central bank of the United States.  It is in charge of printing money issuing bonds and setting interest rates for those bonds.  Article 1, Section 8 says, “The Congress shall have Power … to coin Money, regulate the Value thereof” the Federal Reserve is never mentioned.  Has it always been this way?  Does any other country do this?  How did | Read More »