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The US economy pays the Federal Reserve six percent on the money supply every year since 1913. Why isn't there a sheeple uprising over this bit of piracy and theft?
1 posted on 03/20/2013 12:24:08 PM PDT by reluctantwarrior
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To: reluctantwarrior
So we've paid the Fed 339 times the 1913 money supply (1.06100)to the Fed? Do you have any references to back up that 6% number?
2 posted on 03/20/2013 12:29:43 PM PDT by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
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To: reluctantwarrior

Because the average person is hardly aware that the Federal Reserve even exists let alone anything about how it operates. Just ask someone while waiting in the check-out line in a store and see what answer you get.


3 posted on 03/20/2013 12:30:30 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: reluctantwarrior

that is without a doubt the stupidest analogy I have ever seen.


5 posted on 03/20/2013 12:41:11 PM PDT by babble-on
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To: reluctantwarrior

When my father could buy a new Buick for $2000 in the ‘50s and our new brick custom home cost $25,000, I have seen in my lifetime the drastic devaluation of the dollar. One can only guess how many tens of thousands of shrinking dollars my grandchildren will have to spend to buy their cars and homes.


6 posted on 03/20/2013 12:42:26 PM PDT by txrefugee
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To: reluctantwarrior

Bought a house, Jan ‘67, $21,300, now appraised at $450,000(lost $75,000 last few yrs.) Inflation is REAL


21 posted on 03/21/2013 9:25:58 AM PDT by capt B
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