Friday, July 1, 2022

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

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

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