KARL MARX WOULD HAVE LOVED THE FEDERAL RESERVE

The proletariat will use its political supremacy to wrest, by degrees, all capital from the bourgeoisie...Of course, in the beginning, this cannot be effected except by means of despotic inroads on the rights of property...These measures will of course be different in different countries. Nevertheless, in the most advanced countries, the following will be pretty generally applicable:

...5. Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.