You could be right, who knows... I'm also certainly no expert on this or on anything at all... personally, I think the FED is a private gangster group designed only to bail out banks, it's not a public agency and it has absolutely no responsibility to account for anything it does... it was created in 1913 and designed ONLY to protect the banks and bail them out when in trouble... today, people are generally clueless about the FED and have the false impression that it's some sort of government group trying to help the economy... yes, by bailing out the banks, they do help the economy but only as a contiguous byproduct, the economy is not their interest...
Today, they're in complete violation of their Charter and have morphed into some sort of private regulatory group, since their inception in 1913 the U,S, Dollar has lost 94% of its value... before their inception, the U.S. Dollar had no value loss, they're nothing more than legal counterfeiters... they should be disbanded and arrested and we should allow the economy to function without ANY agency or government intervention or meddling whatsoever...
GZ |