Who needs the federal reserve?

Discussion in 'Economics' started by RainMaker3000, Jun 25, 2019.

  1. why do we have to pay interest? maybe the federal reserve can pay the outstanding student loans that people are crying about. I've heard that they clear about 80 billion plus in profits a year...smh....sheesh, how blind are people?
    tom2, smallfil and MarkBrown like this.
  2. Overnight


    All the paper in your wallet is owned by the federal reserve. It is just on loan to you, at interest.
    tommcginnis likes this.
  3. Overnight


    The fed can also train your dog and plant an herb garden. With interest.

    ElCubano and tommcginnis like this.
  4. A century or so of the great work of Central Banks is here:

    I suggest you watch that before you spout off at the mouth.

    Edit: paging @piezoe
    murray t turtle and tommcginnis like this.
  5. Overnight


    The instant I heard it was computer-generated voice, I stopped it. And it took literally 2.2443 seconds to hear it. The "central bank" is why your work is worth nothing. You live in a perpetuity of debt.
  6. It's amazing, you should listen to it.
    tommcginnis likes this.
  7. easymon1


  8. Overnight


    I don't need to. It will sound just like it did when WW was president, and signed the central bank into law.

    tommcginnis likes this.
  9. Please do it, I promise you will like it.
    tommcginnis likes this.
  10. Overnight


    That was just Zeitgeist with animation. Nothing new there.

    By the way, please do not expose anyone else to that stupid computer voice ever again, It's awful.
    #10     Jun 25, 2019