Credible Argument for Keeping the Fed

Discussion in 'Politics' started by WatertheTree, Oct 13, 2011.

  1. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    I dont have one, thought maybe someone else would.
     
    • Thank You! Thank You! x 1
  2. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Ummm....Can't think of one.....Nope......
     
  3. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    The argument used to enact the Federal Reserve was that it would bring stability to the economy, but all it has brought us is booms and busts. Now the entire economy is so inflated that everyone is scared to death of the collapse. Well what is a collapse? Its the market rejecting the inflation and finding equilibrium.

    In the mean time we spend our lives searching for dollars so its our debts getting repaid to the banks instead of someone elses. Our system is designed to drive inequlity by pitting the population agianst each other with a constant demand for more dollars then what is in the money supply.
     
  4. Intense
    Offline

    Intense Senior Member

    Joined:
    Aug 2, 2009
    Messages:
    44,909
    Thanks Received:
    5,849
    Trophy Points:
    48
    Ratings:
    +5,863
    Time for an Audit.
     
  5. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Yeah, but the east coast banksters and their insider flunkies are wealthy beyond avarice! :rolleyes:
     
  6. Intense
    Offline

    Intense Senior Member

    Joined:
    Aug 2, 2009
    Messages:
    44,909
    Thanks Received:
    5,849
    Trophy Points:
    48
    Ratings:
    +5,863
    A whole new aspect to knowing what's going to happen before it actually does. .... Nah.... Our Government would Never do anything like that, right? ...... Echo......Echo..... :eusa_whistle:
     
  7. 8537
    Offline

    8537 Senior Member

    Joined:
    Aug 23, 2010
    Messages:
    7,754
    Thanks Received:
    729
    Trophy Points:
    48
    Location:
    New England's West Coast
    Ratings:
    +729
    The other option is to allow Congress to determine the money supply. That's a wrap.
     
  8. Intense
    Offline

    Intense Senior Member

    Joined:
    Aug 2, 2009
    Messages:
    44,909
    Thanks Received:
    5,849
    Trophy Points:
    48
    Ratings:
    +5,863
    Oh Fuck. :lol:
     
  9. Intense
    Offline

    Intense Senior Member

    Joined:
    Aug 2, 2009
    Messages:
    44,909
    Thanks Received:
    5,849
    Trophy Points:
    48
    Ratings:
    +5,863
    I think the Federal Reserve needs to be more transparent, probably about as much as the Federal Reserve thinks it needs to act in secret.
     
  10. Avorysuds
    Offline

    Avorysuds Gold Member

    Joined:
    Jul 4, 2010
    Messages:
    13,834
    Thanks Received:
    1,655
    Trophy Points:
    245
    Location:
    Eugene Oregon
    Ratings:
    +2,141
    While I don't think we can or should just end the FED point blank, unless you want a Depression... I think it should open it's book fully. End the Fed if needed later when we are not in a recession/depression imo. Start the process now tho.
     

Share This Page