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To: Partisan Gunslinger
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?

315 posted on 12/31/2013 2:57:56 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
Really? Previous dips in GDP weren't the same size or bigger? Are you sure?

Do you have any evidence that says otherwise regarding economic swings?

Why do you feel like you're a slave of the Fed?

3% target inflation.

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.

It most certainly is.

319 posted on 12/31/2013 3:03:46 PM PST by Partisan Gunslinger
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