For our Blast from the Past, we are pulling up this comprehensive article on the history and structure of the Federal Reserve. Listeners and subscribers who are keen to learn about how the Federal Reserve system works will find this exceptionally useful.

If $21 trillion in taxpayer money is missing, it went missing from the U.S. government’s own bank account…. It is the New York Fed—the Fed’s most powerful member bank—that acts as the government’s depository.

The History and Organization of the Federal Reserve: The What and Why of the United States’ Most Powerful Banking Organization

Related Reading:

1st Quarter 2022 Wrap Up: Introduction – Does the BIS Owe Us $21 Trillion (Or Owe You $65,000)?

Book Review: Tower of Basel: The Shadowy History of the Secret Bank that Runs the World by Adam Lebor

The Missing Money website