if it wasn't for Trap in 1913 when FED by deceit took over money printing. United States by now would Own the solar system with progress and technology free economy would bring. :eek: :eek: :eek: :eek:
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...
Your inability to respond to my post proves your ignorance on the subject. Again, thanks the for entertainment at least.
You've made two actual points this whole time: 1. Fed is bad because savers don't make a large enough return given low interest rates 2. Fractional reserve banking causes bank runs. My manual tells me to stop responding to worthless comments on anonymous message boards, but sometimes I just can't help myself. Again, come back after high school when you've acquired more knowledge.
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 socialize the loss, god help us.
Never am I more scared than when I see educated people defend completely corrupt system. You can forgive uneducated poor people. But when guys like Kass spit propaganda I get very bearish long term.
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 and socialize the loss, god help us.