A few days ago Benjamin Cole sent me this news nugget from December 1984. It´s a beaut:
In December of 1984, Donald T. Regan, President Reagan´s Treasury Secretary attacked the Board of the Federal Reserve, accusing it of being “penurious” in restricting the money supply and warned the Treasury was studying ways of restricting the Board´s independence.
I wonder, comparing the images below that contrast then and now, how loudly Don Regan would be “shouting” today! Most likely he would have requested the Department of Justice to send FBI special agents to round up all members of the Board under the charge of practicing “domestic terrorism”!