In a shocking turn of events, federal reserve banks have been accused of manipulating wheat prices to prop up the struggling US economy. On April 15, 1932, the Chicago market witnessed a significant surge in wheat prices, reaching a five-month high of 65.5 cents per bushel. While government officials are hailing this development as a beacon of hope in the midst of the Great Depression, many are left wondering if this is nothing more than a clever ruse to deceive the public.
RELATED: Feds Signal Green Light for Crypto Crime?
RELATED: Banks’ Dirty Little Secret: How the Federal Reserve Board is Breaking the Back of America
Key Facts
- State: National
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
📬 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
