[Partisan Gunslinger]

They tightened monetary policy, instead of loosening. Bernanke didn't make that mistake in 2008.

I think you're missing the point. The purpose of the Fed slavocracy is to avert wild swings in the economy. The Great Depression was the wildest swing ever. So if the Fed failed and continues to fail, then why do we continue to be their slaves to the tune of 3% target per year? We were better off before.

[Toddsterpatriot]

The purpose of the Fed slavocracy is to avert wild swings in the economy. The Great Depression was the wildest swing ever.

Really? Previous dips in GDP weren't the same size or bigger? Are you sure?

So if the Fed failed and continues to fail, then why do we continue to be their slaves to the tune of 3% target per year?

Why do you feel like you're a slave of the Fed? Don't know why you keep mentioning 3%, the Fed isn't charging you 3% and isn't making 3% a year off of you.

We were better off before.

Yeah, that's your claim, can you prove it?