Arthur F. Burns, Chairman of the Federal Reserve Board of Governors (a Federal agency) that oversees the privately owned Federal Reserve System of (central) Banks, writes a confidential memo informing Republican (fascist/socialist) de facto President Ford (25th amendment) that he has successfully negotiated with the socialist Federal Republic of (West) Germany, not to purchase gold at the world free-market rate of 160 to 175 “dollars” per ounce, as opposed to the United States legal  (command-market) rate of 42.22 “dollars” per ounce.

       Question: How safe is our liberty when the chairman of a private consortium of bankers can negotiate agreements with foreign governments— independent of U.s. foreign policy?

       [restored 11/16/2022] Thanks to Freedom’s Phoenix for this entry.