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How the Big New York Banks Sold the Federal Reserve to Congress

Written by Gary North on September 24, 2016

Murray Rothbard has told the amazing story of how the New York bankers sold the FED to Congress. His little book on The Origins of the Federal Reserve is a masterpiece.

From his book, I have sifted the chronology of the banks’ propaganda program: 17 years. They did it by capturing a handful of business organizations, a handful of academic guilds, the Progressive intelligentsia, and the newspapers. One man was at the center of the propaganda machine, long forgotten: Charles Conant. His career shows what one dedicated, well-funded man can accomplish. He deserves a Ph.D. dissertation.

Here is the lesson for my American history course for the Ron Paul Curriculum: the origins of the FED.

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