Iâll tell you who benefits from this system of expanding and tightening the money supply. As traders we benefit. We should all benefit from these boom bust cycles.
Investors and mom and pop donât benefit. And these so called financial geniuses on wall street are really to dam stupid to...
I donât see why anyone would support the Federal Reserve unless they some how benefit from it. That would mean the member banks.
I have asked Kass to explain to me the benefits of the Federal Reserve and his reply was liquidity. I asked who pays for that and his reply was â a small price...
Kass, you sink with every wiggle. Leveraging thru fractional reserve lending creates the boom and bust cycles. Remove the fractional reserve system and remove the fed that back stops the gamblers and get back to slow steady growth.
But itâs a win win for the bankers, privatize the profits...
Kass you sink with every wiggle. Leveraging thru fractional reserve lending creates the boom and bust cycles. Remove the fractional reserve system and remove the fe that back stops to gamblers d and get back to slow steady growth.
But itâs a win win for the bankers, privatize the profits...
You figuring this out as you go along I see, repeating what I bring to your attention. I won't charge you for the lesson today.
Next time don't bring a knife to a gun fight...
Kass, you are totaly clueless, it's like your trying to find an answer to something you know nothing about.
Is Woodrow Wilson your geaat American hero.