So indeed you ARE in love with the Fed that feeds you off the taxpayers backs? Too bad you are complicit in what Rockefeller/Morgan started 100 years ago.
But can you argue that the dollar's value currently @ $640/oz gold, but USED to be $20/oz before your beloved FDR confiscated then revalued it at $35/oz; or in terms you can understand, Americans were robbed to the tune of the dollar's depreciating approx 97% Reichmark style.
Did any of you ever study ANY history not spoonfed you by self interested progressive educrats?
1. Yeah, the Federal Reserve system (and don't forget the Office of the Comptroler of Currency, that's the REAL power) making banks control lending practices, diversify risks, and preventing cash flow crunches is terrible.
I wish it like the good old days when rumors would start runs on banks!!
2. Go correct your gold figures for inflation, not that gold is remotely relevant to anything anymore. It's value just as arbitrary as any other commodity. Go put it against pork bellies or something.
>>Did any of you ever study ANY history not spoonfed you by self interested progressive educrats? <<
JimRob need to see this - Freepers have been called every name under the sun but this is a new one... he should get a kick out of it.