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Why FDR’s Fed Chair Opposed His Plan to Expand Social Security — Stephanie Kelton

Summary:
The Fed chair at the time was held by Marriner Eccles, who understood government monetary and fiscal operations. That has since been forgotten, ignored, or suppressed.The LensWhy FDR's Fed Chair Opposed His Plan to Expand Social SecurityStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sandershttps://stephaniekelton.substack.com/p/why-fdrs-fed-chair-opposed-his-plan

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The Fed chair at the time was held by Marriner Eccles, who understood government monetary and fiscal operations. That has since been forgotten, ignored, or suppressed.

The Lens
Why FDR's Fed Chair Opposed His Plan to Expand Social Security

Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
https://stephaniekelton.substack.com/p/why-fdrs-fed-chair-opposed-his-plan
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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