The Wall Street Ponzi Scheme Called Fractional Reserve Banking

Discussion in 'Economics' started by AMT4SWA, Dec 31, 2008.

  1. Stosh

    Stosh

    I watched the whole thing. The first part about the Federal Reserve System was good......but later when they started knocking the profit motive, they lost me. Overall, thought provoking but far too idealistic........reminds me of the communists who said central planning is only a temporary step on the way to our ideal. Stosh
     
    #11     Jan 1, 2009
  2. If i controlled a central bank; i will probably do it just like fed does; give people 7 or 8 years of good time then bang them with 2 years recession. Just before people try chasing me around the block; I will give in and bail most people out and find couple of scapegoats such as BSC, Lehman, and Madoff etc.... :D


    Oh yeah, that Zeitgeist Movies are awesome, I watched all of it.
     
    #12     Jan 1, 2009