Federal Reserve

The central banking system of the United States, responsible for setting monetary policy, regulating banks, and providing crisis lending. Claims reference it in the context of interest-rate policy, crisis-response lending that concentrated power in large banks, pre-crisis meeting culture, and the organizational logic that shaped financial oversight.

Claims that use this term

• Global South elites also profit from Federal Reserve rate hikes
• Federal Reserve meetings before the crisis were marked by frequent laughter
• Federal Reserve crisis lending quietly enlarged the biggest banks at taxpayer expense
• Federal Reserve exculpatory logic transformed herding and iron-hand discipline into rational consensus
• A non-Chicago, Ayn Rand acolyte rose to head the Federal Reserve
• The 1979 Federal Reserve rate hike launched post-Fordist flexible capitalism