|
slyfoxx7 (December 31, 1969 at 6:59 pm)
the federal reserve is needed. it's a much needed monster much like militaries. if they act irresponsible, we rightfully become frightened of the power they wield. however, our president appoints the chairmen, and we elect the president. the two party system is currently flawed. neither party for years has offered the change i'd like to see. i'm glad to see voelker talking in obama's ear. there are better ways to address growth and employment than creating easy money by the fed.
jodenz (December 31, 1969 at 6:59 pm)
you make a good point! but then again when you think of the number of recession's and the great depression and are currently economic crises, the federal reserve does not seem like a beautiful thing! dont you think?
slyfoxx7 (December 31, 1969 at 6:59 pm)
the problem is not the federal reserve. it's the fed's dual mandate. we need to simply target inflation, not growth and employment. 1-3% inflation is very healthy. less than that is stiffeling. more than that is robbery.
slyfoxx7 (December 31, 1969 at 6:59 pm)
moreover, a federal reserve system is a beautiful thing if it only targets inflation between 1-3%. the gold standard is just as corrupt and asinine. do you really want wealth determined by who owns the most yellow metal (gold). the miners would become the new bankers. we'd have a gold rush all over again. instead of poeple trying to invest in innovative corporations to become wealthy, they'd start digging holes and panning.
slyfoxx7 (December 31, 1969 at 6:59 pm)
i love how they portray andrew jackson as a hero, the man who slaughtered the indians. they make lincoln out to be an invader of the south; the man who financed a war to end slavery. hard money jackson = good. soft money lincoln = bad. if you belive this, don't vote. a jacksonian democracy doesn't work. your average person is far more corrupt and stupid than the banking elite.
whiteliketar (December 31, 1969 at 6:59 pm)
Long after u turn to dust and influence zero people - the Bible will still be around.
DesteniGeld (December 31, 1969 at 6:59 pm)
fuck the bible please
DesteniGeld (December 31, 1969 at 6:59 pm)
slavery has never been so CHEAP
Robotzel123 (December 31, 1969 at 6:59 pm)
if you wanna see a goog documentary about this and the rockeffeler family ,the wars it's zeitgeist! see it real fast!
yohanan1969 (December 31, 1969 at 6:59 pm)
it's more like 800 pounds per person. A billion is a thousand million, not a million million. |
