The Federal Reserve is a Progressive experiment that needs to end.
The Federal Reserve and Central Banks are key pillars for Big Gov’t and the entitlement state. Kill the Fed, and you not only end bubble-blowing, too big to fail and crony capitalism, you will also, by default, end many other ills that depend on the entitlement state - such as illegal immigration.
I know little about economics. I do know I can not spend what I do not have for long without something bad happening.
This is as true for a Government as it is for an individual.
While a government can print more money, or it can manipulate the system, it can not change basic economic laws. The best government can do is “kick the can” further down the street.
This is what policticians have been doing for a hundred years. Well we all know the end of the street is the Grand Canyon and soon we will be going over the cliff.
You would think after 10,000 years of civilation we would have learned our lesson.
Perhaps 5,000 years from now there will be historians writing about the rise and fall of the United States. Just think people, we are living in historic times. Not as much an honor as I would thought it would be.
As much as big government needs to end, it will instead find a way to get bigger.
“Americans will find a way to make this economy American again. “
Or we might spend the next 70 years in the wilderness...
Wishful thinking. We have had 100+ years of "Progressive" policies leading to nothing but misery and death and they still don't get it.
The Liberals will just do what they always do when their policies fail, just convince themselves (and others) that this time will be different because last time...
1) The right people were not in charge, but the new leader is so much smarter and/or less corrupt than anyone that has tried and failed before, therefore he/she/it will make it work this time!
2) We just didn't spend enough money if we only spend more and spend it sooner…
3) It's whatever Emmanuel Goldstein they can find fault for opposing and turning people against them.