Did the Fed Achieve Independence During the Korean War?

Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars.

Original article: https://mises.org/mises-wire/did-fed-achieve-independence-during-korean-war