Ah, yes, The Federal Reserve System Of Banks…
The venerable, virtuous Banking Class Doing God’s Work.
But, in our Age Of Millennial Secularism, Doing God’s Work could be construed as potentially antagonistic and alienating. A flagrant violation of Diversity&Inclusion doctrines where penance is extracted after a virtual haranguing and bludgeoning from the Hashtag Inquisition…
I mean, The Banking Class collapsed to their knees in atonement in the wake of the whole Occupy Wall St thing, right?
Either way, our Federal Reserve System Of Banks—which, you know, determines interest rates for lending and the whole, like, money supply and junk—is abandoning its outmoded dual mandate for, er, Wokeness…
“A Mandate For Shared Prosperity.”
Did Trump appoint Bernie as Fed Chairman?
Nope, The Federal Reserve System is rebranding…
It’s updating its ethos for a new generation naive to olden days, black and white reel footage of Banking Acts, Bretton Woods, Keynes, Austrian Economics, End The Fed or whatever else lacks the relevance of a Blue Check Mark Tweet.
It’s about adopting another Millennialist favorite, Do-Gooderism.
You know, that self-aggrandizing belief in performing Good Deeds that ultimately creates more havoc than solutions… But, gee, don’t you feel so saintly?
(Cue A Montage Of Federal Reserve Chairman Such As Alan Greenspan And Ben Bernanke…)
Or, maybe The Banking Class just wants to hijack this whole Democratic Socialism trend, huh?
I mean, adherents of Modern Monetary Theory (MMT) LOVE them some Privately Issued Fiat…
Oh, excuse me, after they wrestle the Private, Federal Reserve Banking System from The Banking Class and make it independently government owned.
Sure… That’s more magical, delusional thinking.
Kinda like Bernie’s lesson in economics….
But, hey, Marx liked The Central Banking System, too.
That’s right! Quantitative Ease your nation to Shared Prosperity!
Now that’s Do-Gooderism!