Quote:
Originally Posted by kingkilburn
Thank god the fed took us away from the gold standard right?
None of this would be an issue if the dollar was worth what it was a hundred years ago and still tied to our monster gold reserves.
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I know you are being sarcastic but no. I hate the idea of the FED. Also i hate the idea of a commodity based currency.
The truth is (tin foil hot on tight) is the FED is a private organization that answers to it's investors more then to the American government.
Do I believe the FED wants to destroy society, no. But i do believe the the FED and other central banks do wanna rule the financial world. And they do get legislation passed that is sympathetic to their goals and no so much the Americans people goals, and that is inherently flawed.
Let our votes control our budget and currency though government minting. No some obscure organization that has no real interest in creating policy to help average Americans.