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Non-Tech : Money Supply & The Federal Reserve

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To: GraceZ who wrote (141)8/12/2002 11:43:41 AM
From: Cush  Read Replies (2) of 1379
 
Grace, I hope this thread can examine all views of the topic.

That doesn't mean anyone is going to be able to deride the other people posting here.

So far, I am reminded of the fable of the blind men touching various parts of the elephant. We're hearing lots of opinions based on personal experiences.

So, is the Fed controlled by private interests?

Is it a Federally controlled entity because it was created by an Act of Congress?

Are those two concepts mutually exclusive?

Perhaps those with the most money should control the world economy. Do we trust their altruism, or do we accept that what is in their best interests is also in our best interests?

There's lots to be discussed.

Links to facts, on all sides of the argument, would be appreciated.

Abusive statements that everyone else is too uninformed to understand the complexity of the issue, don't help.

I appreciate that this may be ground you've covered in the past, and may not want to again. That will be our loss, so I hope you'll contribute to the discussion.

As for trying to review your old posts, or anyone else's old posts, I don't think so. But I would be happy if you'd give us links to old posts that you feel would add to our understanding of the issues.

Cush
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