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Ban The Fed Money Supply Monopoly, Allow Dollars To Trade In The Free Market
- Thread starter libertad
- Start date
Yes, a privately owned central bank is necessary, and Thomas Jefferson, Ron Paul, Jim Rogers, and Milton Friedman are imbeciles, among others (many others), while Landis is a genius who knows all.
http://hubpages.com/hub/Milton_Friedman_on_the_Central_Federal_Reserve_Bank
â"...One unsolved economic problem of the day is how to get rid of the Federal Reserve..."
-- Milton Friedman, Nobel Prize winning economist, January 1996 in a National Public Radio interview
Couldn't say it better than Rogers, so I won't try:
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http://hubpages.com/hub/Milton_Friedman_on_the_Central_Federal_Reserve_Bank
â"...One unsolved economic problem of the day is how to get rid of the Federal Reserve..."
-- Milton Friedman, Nobel Prize winning economist, January 1996 in a National Public Radio interview
Couldn't say it better than Rogers, so I won't try:
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Why don't you simply leave the capital market system and convert cash/investments into gold ? You can even make "interest" on your gold by leasing it out.
http://66.38.218.33/charts/g_leaserates.html
http://66.38.218.33/charts/g_leaserates.html
Quote from RussellDaytrade:
Well thats fine, and dandy, as far as it goes, and its accurate enough. However, whats the matter with spreading the access to virtually free money to include others than Wall St banks. Especially seeing that most of the ills are directly a result of their practices.
If evaluated on a scale of the value they have actually created, relative to the losses they have also created, the sad facts are that Wall St banks are in the red, across their entire earnings histories, save GS.
Not exactly a shining example of who to shower with rewards of unlimited access to cheap fuel, regardless of whether or not, or how dire they need it.
I say, let anyone who wishes to, gain the same access to the window, on a par with IB's...if IB's get access to 50B, allow 50B to anyone else that wants it, and so on.
I think its fair to say that anyone outside of IB's can do just as good a job of it, and likely better, for the money. Sure as hell can't do any worse.
What they are doing now amounts to pardoning criminals before they are even indicted, and giving them vast amounts of the ammo that fueled the crimes in the first place.
Doesn't exactly make perfect sense. Kinda like giving arsonists free gas cards.
Exactly well said indeed. Why should the fed provide tax payer money to Wall Street gamblers who are not regulated and have no deposits.
Depositary institutions that are regulated under the banking system, I have no problem with the fed providing them with capital. But not to Wall Street investment banks the biggest bunch of crooks that ever walked the face of the earth. Why should the tax payers help them out all they do is screw everyone.