How many Panics from 1813-1913? From 1913-2013?
It's something that was tried and found not to work
What exactly was found not to work?
I believe that starts with moving the power back into the hands of "We The People" and not central government or a central bank.
What power?
Exactly, you make my point. They're "bagmen". They make it easier for the government to pull even more money out of the economy and waste it on what the central government deems necessary,
I thought you said they were bagmen for the banks?
Start there, if you like, then move on up to the "East Side":
Still waiting for you to explain the inside track as it relates to FX trades.
Thanks for the picture. Not sure what a house owned by the National Trust proves........
More important, I'm not the only one that thinks that.
You're not, but why?
The small town banks - an ongoing process, in conjunction with increased regulation and big bank collaboration.
Yup, we've been losing small town banks since the country was born. Not sure you can blame the Fed for that.
Ok, so you yourself now admit that the implementation of the Federal Reserve system didn't solve the very problem it was implemented for in the first place to prevent.
The Fed can't stop the business cycle and shouldn't try. They have helped reduce the number and severity of downturns.
It's convoluted, twisted, and hidden, for a reason.
What is hidden?
The founders knew that and fought hard against the establishment of a central bank.
The Founders who created a Central Bank in 1791? Signed into law by George Washington? Those Founders?
National Trust? lol
Well, I guess one person's "Panic" is another person's business cycle (i.e., The Fed can't stop the business cycle and shouldn't try.)?
What exactly was found not to work?
1932, 201?
What power?
The power to influence markets, grant favors, to allow some to see information others aren't, ...
I thought you said they were bagmen for the banks?
Yup, thanks to you, I realize the Fed was really only created to act as a bagmen for both the government and the banking cartel; to act as a go between, secretly facilitating that which the other two could not be seen engaging in.
Bagman:
2: a person who on behalf of another collects or distributes illicitly gained money; broadly : an intermediary in an illicit or unethical transaction
Still waiting for you to explain the inside track as it relates to FX trades.
That's the alphabet agencies' job and Congress. Mine as a Citizen is to ask questions and speak out.
Not sure what a house owned by the National Trust proves........
If the name was changed to "Federal Trust" better help you understand, or how 'bout just "Trust"? Besides, if an enabling relationship with the local government is too hard to understand in this situation, they have plenty more billion dollar estates scattered around the world for your viewing pleasure.
You're not, but why?
Duh! Or are you just pointing at another squirrel?
Yup, we've been losing small town banks since the country was born. Not sure you can blame the Fed for that.<
I included other factors in my brief description of the cause.
The Fed can't stop the business cycle and shouldn't try. They have helped reduce the number and severity of downturns.
Oooooh, Okaaaay, Like 1932? Or like the one we're headed for now??? The Fed hasn't reduce the number or severity (once averaged) of downturns. The real reason the Fed was put in place, was to serve as a "bagman" for both the banksters and their cronies in government - that's becoming clearer and clearer as we work our way through our little discussion. Thanks for helping me to see that, btw!
What is hidden?
Ask Ron Paul, or a myriad of others seeking to expose the corruption, manipulation, and siphoning off taxpayer dollars and indebtedness.
Better yet, get us a copy of the Fed's foreign CB transactions for the last ten years!
The Founders who created a Central Bank in 1791? Signed into law by George Washington? Those Founders?
Have you ever heard of a man by the name of Thomas Jefferson?
He is quoted as saying: The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution.
"Sometimes you eat the shark, and sometimes the shark eats you."