[mountainlion]

Not defending the fed but the hyperbole is a bit over the top.

The fed already destroyed this nation at least once!

https://www.wnd.com/2008/03/59405/

Fed chairman admits the FED caused the great depression!!!

They have to go a long way to regain my trust. Destroy the FED now!!

[rollo tomasi]

The root problem is "We the People", not the Federal Reserve. The Federal Reserve is a reactionary entity.

The main culprit again is "We the People" who elect representatives that meddle/intervene with economic forces because "We the People" desire to consume before the actual production is accounted for.

"We the People" elected representatives that exchanged a monetary standard for a fiat system. Guess what, you need a central bank as a middle-man in a fiat system because we do not live in a perfect world.

Hard times in a fiat system means creating an illusion of credit to cover a multitude of sins.

Don't have time to explain more, nip everything in the bud, THE SPENDING/DECIFITS THAT ARE IMPOSED BY THOSE WE ELECT TO SERVE "WE THE PEOPLE" IS THE PROBLEM.

Guess what, everyone wants "their cut", including many people on this site that feel they are entitled to compound interest from their medicare/social security/etc... the voted to pay into.