Two points. First, it's not "imagination". Second, it's very fundamental to the picture.
You'd think that those all powerful Primary Dealers would be booking some huge profits these last few years. Hell, if I controlled the Fed, I know I would.
The Fed is simply a "pipeline" from the Primary Dealers to the U.S. government.
Still don't see any proof of control.
Hey, weren't Bear Stearns and Lehman Brothers primary dealers? LOL!
Past that, you're out of debating points.
Your fevered imaginings about Primary Dealers don't rise to the level of debate. It's all about poking fun.
Yes they were. And who drove them out of business?
You can "poke fun" all you want. I can take it.
As I said, you and I have two very differing opinions. You still have not taken time to expand on your economic theory, other than to say that things will eventually get better.
Based on what? Given what evidence? As you like to reply to me - let's see some detailed explanation. I believe that I have offered much more in that regard during this thread than you have reciprocated.
So, either tell me your understanding of the Fed and its relationship to our government or we don't have much to debate anymore.