Quote from MarketMasher:
The Fed is there FOR YOUR GOOD!
Since it's inception it has kept the economy on an even keel with no outrageous booms or busts!
What more proof does anyone need about how necessary it is to have the Fed?
Because NO ONE profits from wild gyrations in the economy, ESPECIALLY the banks of the FED!!
On the flip side they have also elimated opportunities and fueled large mountains of debt.
