To: mountainlion
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.
107 posted on
12/20/2018 1:01:54 PM PST by
rollo tomasi
(Working hard to pay for deadbeats and corrupt politicians.)
To: rollo tomasi
The root problem is “We the People”...
Not really. The FED is a deep state bank/scam that was put into operation by robber barons at Jekyll Island. The FED is not Federal, it is not part of the government but we are allowed to put a figurehead that has no power. The reserves are questionable and the whole scam is run by world bankers. Crooked politicians jack up the debt to keep the fed in business.
114 posted on
12/20/2018 2:04:54 PM PST by
mountainlion
(Live well for those that did not make it back.)
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