The Phaserl


Fight the Fed from the Inside

by Philippe Gastonne, The Daily Bell:

If you ever wanted to give our nation’s central bank a piece of your mind, now is your chance. That’s because Federal Reserve Chair Janet Yellen is hiring … and she’s taking applications from everyone who wants to apply.

On Jan. 16, the Federal Reserve Board announced it is creating a “Community Advisory Council.” – Uncommon Wisdom Daily, May 1, 2015

Faux transparency is a favorite tool of entrenched bureaucratic institutions. Soviet leader Mikhail Gorbachev’s 1980s “Glasnost” is one example. The idea is to divert resistance into a box where it can vent its frustrations without forcing any real change.

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