反 反贼网

Chronicle TIMELINE

A chronological, causal record of the resistance, major political crises, and contemporary truth.

All decades ›1950s›1951
JanFebMar 1AprMayJunJulAugSepOctNovDec

The Federal Reserve and the Treasury Sign Accord to Restore Interest Rate Decision-Making Power

1951.03.04 ·Verified ·Importance III ·Sources 3 ·United States

After a long tug-of-war, the Treasury and the Federal Reserve signed a famous accord, under which the Federal Reserve was freed from the obligation to peg government bond interest rates and regained the power to set interest rates, laying the foundation for central bank independence.

The Suppression of Counter-revolutionaries resulted in about 2 million deaths

1951 ·Reported ·Importance IV ·Sources 2 ·China

By the end of 1951, the CCP's campaign to suppress counter-revolutionaries had led to the abnormal deaths of about 2 million people.

The CCP Launches the "Three-Anti and Five-Anti" Campaigns to Seize Private Capital

1951 ·Reported ·Importance IV ·Sources 2 ·China

The CCP launched the "Three-Anti and Five-Anti" campaigns, seizing the property of capitalists and private business owners on a large scale under charges such as tax evasion, and conducting public humiliation and struggle sessions.