In July 2023, the Federal Reserve Bank (FRB) announced FedNow as their foray into the US dollar central bank digital currency (CBDC) payment service. The service is offered to insure immediate CBDC...
Stephen Anderson
Stephen is a graduate of The University of Texas at Austin and lives in Texas. He retired from state government service and has time to help family and friends read about economic history.
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The flurry of post-Watergate “reforms” supposedly were passed to counteract government abuse of citizens. Not surprisingly, the FISA program, which was aimed at reducing internal government spying became the means of massive growth of the surveillance state.
In 50 years since the Watergate scandal—famously resulting in President Richard Nixon’s resignation—there has been a flood of “post-Watergate morality,” in which Congress pushed through a number of...
