Oh fuck off you 12 post wonder.. you probably think politicians never lie Real evil in the world banks (pardon the pun) on the ignorance of knobs like you
Hehe, typical response shows you why i never post here often, no? Well obviously if you could read my posts properly you'd see that i myself believe in many conspiracies, but the issue is people like you blow these theories so far out of proportion it makes them sounds like nonsense. Eg. the sep 11 theories. Perhaps the gov knew about it in advance and did nothing, maybe they even took part (less likely) but some of those documentaries are just plain garbage. They make up bs that fools idiots who cant think for themselves. They essentially do the same as the politicians, the media etc: sensationalise everything just to push their point through, when their point on closer inspection is crap. Luckily for them most people are morons who cannot look at the topic from a logical neutral point of view and inspect it closely...
To look at things from a different perspective, can someone please list for me the reasons why a fed reserve system is advantageous to a treasury system where the government creates it's own money without having to borrow it from a private bank?
The Government has the power to create debt free money. So that either/or comparison between debt-bearing notes issued by Government or private banks is misleading.
No crushing interest to pay back to international bankers by taxing workers, an unconstitutional practice by the way
There are lots of people giving advatages of a treasury system where government creates it's own money and avoids the debt issue and paves the way for less or no income tax. What I asked for was advantages of the current system of the government borrowing money from a private bank (the fed ... which creates the money of thin air btw) ??
The ridiculous part of hammering on the Fed is that it can be rejected on a moments notice by Congress if they wanted to. So who's to say that if Congress bowed to pressure about the Fed, that they wouldn't just go ahead and make the same regulations that benefit bankers anyways, using our own "greenbacks". And besides, do you REALLY want Congress to be making fiscal policy? They're the ones that spent us into debt in the first place......