Forget the Russians: It’s the Federal Reserve Seeking to Meddle in Our Elections

Discussion in 'Election Forums' started by Natural Citizen, Oct 6, 2019.

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  1. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    I agree, the national debt is too large.

    George Washington still approved of the creation of a central bank.
     
  2. Natural Citizen
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    Natural Citizen Platinum Member

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    Toddster, you don't know what money is. That's your main problem. An IOU is not money.
     
  3. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    IOU?

    I have a $20 in my hand, I don't owe anything to anybody because of it.
     
  4. Natural Citizen
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    Natural Citizen Platinum Member

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    Toddster, your twenty Federal Reserve Notes give you...oh...I'd say about eighty cents worth of purchasing power.

    Real money is a store of value. Your twenty Federal Reserve Notes are not a store of value. The currency is almost completely devalued, it's already been debased long ago. 1971. Remember?
     
  5. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Toddster, your twenty Federal Reserve Notes give you...oh...I'd say about eighty cents worth of purchasing power.

    Nah, I can buy $20 worth of stuff with it.

    So, who do I owe for my $20?
    Or does someone owe me?
     
  6. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    The Fed's losing control of the cost of money.

    Money? LOL!
     
  7. Skylar
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    Skylar Platinum Member

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    The guy at the store trading $20 worth of products for that $20 bill would disagree.
     
  8. Skylar
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    Skylar Platinum Member

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    And yet Madison signed into law the SECOND bank of the United States.

    So much for 'being against it'. In point of fact, Madison signed a Central Bank into law.

    The Founders disagreed. With Hamilton, Washington, and the 1st congress by a ratio of nearly 2 to 1 all eager for a Central Bank. And affirming its constitutionality.
     
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