Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: freddy005
Here's the problem: at least 95% (or more) of the American People do not understand the role of the FED, or what the FED has been doing these past 7 years now.

Before a single candidate could criticize the FED for it's horrible money policies, that candidate would have to find a way to communicate in sound-bites what it is the FED is doing.

That's a losing proposition for any candidate, and I share your frustration, BTW.

26 posted on 09/17/2015 12:15:01 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 1 | View Replies ]


To: usconservative

Your Quote; “Here’s the problem: at least 95% (or more) of the American People do not understand the role of the FED, or what the FED has been doing these past 7 years now.”

Make that 99.9% and the FED has been doing this since 1913 and went “all in” since 1971! I laugh watching Nixon on Youtube in an Oval Office address to the nation, “I have instructed the Secretary of the Treasury to TEMPORARILY...”de-peg the U.S. Dollar from Gold!
FACTS: Medium U.S. Household Incomes in 1971 = $9,000 which would buy the equivalent of 240 “ounces” of Gold back then.
2015 Medium Household Income = $57,000 and now can only purchase “50” ounces of Gold! I’m not a Gold Bug as I don’t view gold as an investment but instead as a “real” measure of money in comparison to all fiat currencies!


33 posted on 09/17/2015 12:50:39 PM PDT by freddy005
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson