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

To: Chad C. Mulligan
Central banks are fine if they are heavily regulated, inflationary bodies, and have a sunset clause but the Federal Reserve is anything but that. The Fed is a conduit for the stupid tax (Inflation) and massive deficit spending aided by the Treasury Department/slave banks. Do you really think the Great Depression started in the late 1920’s? It started way before that when the Fed raised interests rates on non-member banks as soon as they got their claws in.
And J.P. Morgan was not a savior of the 1907 crash, he was the cause of it along with the small cartel of Trusts at the time (Precursor to the FR). Of course that 5 time felon banking institution that owns 1/3 of the FRNY constantly made underhanded deals (Grover Clevand and gold deposit for starters) to manipulate their way to controlling the “lessors”. There are alternatives, quit licking evil Starists’ boots.
20 posted on 05/19/2024 11:23:43 AM PDT by rollo tomasi
[ Post Reply | Private Reply | To 10 | View Replies ]


To: rollo tomasi
What color IS the sky in your world?
22 posted on 05/19/2024 11:50:28 AM PDT by Chad C. Mulligan
[ Post Reply | Private Reply | To 20 | 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