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To: amorphous
Who are the ten largest owners of Blackstone? Where did Schwartzman get his start? Have you ever heard of Lehman Brothers?

Whoa, whoa, whoa!

The author said central banks created booms and busts to enrich themselves.

None of those people or organizations are part of the Fed and none of them get a vote on monetary policy.

"Central bank" isn't the same as any random rich guy.

Do the rich and powerful come out of these things better than most? Absolutely, but where's the evidence of the Fed members enriching themselves?

76 posted on 08/10/2019 3:22:00 PM PDT by semimojo
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To: semimojo
None of those people or organizations are part of the Fed and none of them get a vote on monetary policy.

Has anyone ever held a position at a big bank or investment firm who later held a position at the Fed or Treasury? Who owns the Fed? Who does the Fed work for? Are Fed chairpersons really peons/automatons. How much does the Fed chairman make in a year? Who was the president who signed the Federal Reserve Act? When was it passed? What did he later say about what he had done? Did anyone who owns/controls the Fed become wealthier during the financial crisis of '08? If not wealthier, after helping to cause the crisis did they escape unscathed? Who was bailed out? What word do 'banks' and 'central banks' have in common? What do they both handle? What do they do with what they both handle?

78 posted on 08/10/2019 3:47:30 PM PDT by amorphous
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To: semimojo
“I am a most unhappy man. I have unwittingly ruined my country. A 
great industrial nation is now controlled by its system of credit. We are
 no longer a government by free opinion, no longer a government by 
conviction and the vote of the majority, but a government by the opinion
 and duress of a small group of dominant men.” ~ Woodrow Wilson 1919
79 posted on 08/10/2019 3:54:17 PM PDT by amorphous
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