THE FEAR MACHINE: FEDERAL RESERVE PANIC PEDDLING In a televised broadside delivered July 21 on CNBC, Bessent didn’t mince words. “We need to examine the entire Federal Reserve institution and whether they have been successful,” he stated—an accusation that, in DC-speak, is tantamount to declaring war. His primary charge? That the Fed is manufacturing hysteria over tariffs to manipulate public perception and stifle policy reforms they don't like. But look deeper. What Bessent is doing—whether the media dare admit it or not—is calling out the Fed’s long-standing pattern of weaponizing confidence theater. These unelected central planners use economic jargon and PhD mysticism to blindfold the public. They simulate neutrality, but their decisions reliably align with elite financial interests while working…
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