Understanding how the Fed creates money will help you see why it must be audited and regulated. Why doesn’t the treasury issue the money directly without being forced to pay interest to a cartel of private banks that are being deliberately hidden by the Fed?
Post Tagged with: "central bank"
December 6, 2010 05:31
Who runs America?
“To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we (will then) be taxed in our meat and our drink, in our necessities and in our comforts, in our labor and in our amusements. If we can prevent the government from wasting the labor of the people under the pretense of caring for them, they (will) be happy.” -Jefferson
December 2, 2010 09:28
Fed Up With the Fed
Congress created the Federal Reserve System in 1913 to promote stable money and banking, and to lessen the disruptive ups and downs of the business cycle. The Fed has failed dismally.
November 16, 2010 09:22
Has the Fed Been a Failure?
“No major institution in the U.S. has so poor a record of performance over so long a period, yet so high a public reputation.” Milton Friedman (1988).
