Why Americans Don’t Trust the Fed

Wall Street Journal, Oct. 16, 2015–Lowenstein, Roger

Antipathy to the central bank is a uniquely American tradition. No federal agency, except the Internal Revenue service, is held in lower regard than the Federal Reserve, according to public opinion surveys. The left accuses the Fed of being too cozy with banks; the right says it is planting the seeds of a massive inflation.

(More)