LadyGunSlinger
Conservative Babe
- Feb 6, 2011
- 19,589
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Go take a history class on economics..
I have a passing familiarity with the topic at hand...
You will see and read that nearly ALL famed Economists agree that the Central Bank sunk our nation and the world in to depression with their policy of forcing small banks in to bankruptcy, (small banks didn't have the protection of being a part of the Federal Reserve Banking system) and propping up BIG BANKS,
Ummm...Speaking of history lessons...
Do you know what tool the Fed had in its arsenal to prevent small banks from failing? Hint: it involves adding to the money supply.
And the Fed didn't prop up any large banks until after FDR took office. Many were allowed to fail - over 4,000 in fact.
The facts and history don't bear your argument out, AT ALL.
LMAO!!! You're amusing.. Link plz..................