Do you consider losing %98 of its value "stable"? The US Dollar has lost at least that, probably closer to %99.9999, though it's harder to measure now that the fed is not giving us reliable stats anymore.
Do you realize the FED is a private bank, owned by the upper %1 of the %1? And that giving them an interest rate on ever dollar in circulation was probably the worst example of a government granted monopoly ever?
Do you realize that the incentives are completely aligned against us? The government wants to deficit spend with impunity, the fed wants to collect rent on the entire economy, so the fed prints money, and makes it look like it's not been irresponsible in doing so? (For instance, via the FOMC, by manipulating the gold price)
It's really amazing to me that Liberals seem to never have met a corporation they like, yet they are universally in favor of the Federal Reserve.
Maybe you don't realize it's a private corporation? Yeah, yeah the governing board is appointed, blah blah, that's like saying one fox appointed another to make sure the henhouse was safe.
And now, thanks to Obama, the Fed has the power to FORCIBLY MERGE smaller banks. No way that could be abused, right?
Read The Creature from Jekyll Island. Learn the fed's history. It's not exactly secret this stuff. But most people never get told. And of course the fed isn't going to advertise it.
Do you realize the FED is a private bank, owned by the upper %1 of the %1? And that giving them an interest rate on ever dollar in circulation was probably the worst example of a government granted monopoly ever?
Do you realize that the incentives are completely aligned against us? The government wants to deficit spend with impunity, the fed wants to collect rent on the entire economy, so the fed prints money, and makes it look like it's not been irresponsible in doing so? (For instance, via the FOMC, by manipulating the gold price)
It's really amazing to me that Liberals seem to never have met a corporation they like, yet they are universally in favor of the Federal Reserve.
Maybe you don't realize it's a private corporation? Yeah, yeah the governing board is appointed, blah blah, that's like saying one fox appointed another to make sure the henhouse was safe.
And now, thanks to Obama, the Fed has the power to FORCIBLY MERGE smaller banks. No way that could be abused, right?
Read The Creature from Jekyll Island. Learn the fed's history. It's not exactly secret this stuff. But most people never get told. And of course the fed isn't going to advertise it.