WatertheTree
Senior Member
- Sep 9, 2011
- 1,804
- 171
- 48
I dont have one, thought maybe someone else would.
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Yeah, but the east coast banksters and their insider flunkies are wealthy beyond avarice!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.
Yeah, but the east coast banksters and their insider flunkies are wealthy beyond avarice!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.
The other option is to allow Congress to determine the money supply. That's a wrap.
The other option is to allow Congress to determine the money supply. That's a wrap.
The other option is to allow Congress to determine the money supply. That's a wrap.
That's exactly what I think....I find it ironic that libertarians want to give more power to federal government.
That last thing we need is politicians, who aren't always experts on monetary policy, playing politics with interest rates..
The other option is to allow Congress to determine the money supply. That's a wrap.
That's exactly what I think....I find it ironic that libertarians want to give more power to federal government.
That last thing we need is politicians, who aren't always experts on monetary policy, playing politics with interest rates..
You mean like our constitution says? Maybe if it was still their job we could expect better qualified politicians? At that point people like Ron Paul become very appealing becuase they actually have a clue what theya re talking about.
The other option is to allow Congress to determine the money supply. That's a wrap.
I dont have one, thought maybe someone else would.
The other option is to allow Congress to determine the money supply. That's a wrap.
No, the market would...just like it does the price of everything else.
The other option is to allow Congress to determine the money supply. That's a wrap.
No, the market would...just like it does the price of everything else.
The other option is to allow Congress to determine the money supply. That's a wrap.
No, the market would...just like it does the price of everything else.
The market already determines the value of the dollar. That won't change if you end the Federal Reserve.
And without the Fed, Congress will determine the monetary base.
The big Banks would have the control of the money supply, and in the free market, they don't have to act in America's best interest, but in their own best interest.