Posted on 07/06/2019 9:41:42 AM PDT by Enlightened1
Why on earth would you want a level playing field when the dollar is the world's reserve currency?
The field is so tilted in our favor that we risk sliding off.
+1
Well, at least he’s ID’g one of our greatest economic problems caused by the federal government.
It is pretty well documented that the FED caused the Great Depression even though your Leftist educators (”indoctrinators”?) won’t teach that. The stock market crash was a hiccup ready to rebound, but what the FED did was turn what would have been a relatively short-term downturn into a full-blown depression.
The history of the FED, like most of the federal government, is it has done way more harm than good.
Some guy on Fox business described the Fed well the other day....They don’t want to lower rates now because they want to have the extra to fight off inflation/recession if need be....but they have had their finger in causing every bout of inflation/recession that occurred since they were founded...so they want to have something in their arsenal to protect us from the mistakes they keep making...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.