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Will Republicans push to end the dual mandate of the Federal Reserve?
- Thread starter Tsing Tao
- Start date
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Quote from denner:
Some of the most corrupted individuals who walk the earth are members of Congress. They also happen to be some of the most ignorant and thoughtless buffoons we could possibly find.
It really is a stretch to believe that this collective clusterfuck of stupidity and corruption could come together on such an initiative. Instead, they'll be dragged into a conference room and told that doing such will crash the markets, lol.
The irony is that I'd bet a larger percentage of the population would actually welcome a crash in the markets if it crashed commodities and strengthened the dollar. Of course, the media would try to brainwash all of the sheeple into believing that the "deflationary monster" will kill us all.
I like this guy.
Quote from Random.Capital:
I'm not arguing that the mandate should or shouldn't be changed - I am merely suggesting that Congress is unlikely to make a change that would take away one of their favorite scapegoats.
Are you saying the FED wasn't directly responsible for the last 2 bubbles ?
Give me a break.
Congress plays a huge role. So does the FED.
Why ignore one and scapegoat the other unless you have an agenda?