[Errant]

It could blowup tomorrow, but for sure I agree with your statement that it isn't a Ponzi scheme.

Not so sure now about FRNs though after seeing this video by Mike Maloney:

The Biggest Scam In The History Of Mankind

[DManA]

This is true. Everyone thinks the Fed is the source of all monitary evil. Actually it’s the congress with their $trillion deficits that are dooming the economy.