SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: bruiser98 who wrote (26794)2/1/2010 9:58:13 PM
From: Larry S.  Read Replies (1) | Respond to of 71463
 
Thank you very much for the reference! I was aware of most of it but not all. The commentary makes it clear that the FED had more involvement than I was aware. It also makes it clear that the steps taken during the Reagan years were worse than I thought. However, I'm not ready to agree that it was essentially gutted by 98. In any event, it was Clinton that signed its final demise.

What's most disturbing is the slim chance we have of its essential provisions being reestablished unless conditions get a lot worse and I fear that they will.

Larry



To: bruiser98 who wrote (26794)2/2/2010 3:40:20 PM
From: Skeeter Bug1 Recommendation  Respond to of 71463
 
the fed is a private corporation owned by bankers whose mandate is to maximize profits for its banking owners...

that's working out pretty good, isn't it?

and some people think the fed is dumb. -lol-