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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (771386)	3/10/2014 4:33:19 AM
From: Bilow	Respond to of 1575036

Hi mindmeld; Re: "Yes, because the Fed is so smart that they've decided that central economic planning is better than millions of actors participating in a free market."; Sadly, you don't have an example of a "free market". And yet you want to modify the US economy based on your assumptions that this would be better. Re: "In other words, they've decided that Communism is better than Capitalism."; It's possible you're confused about the history of central banks in the US. The first one was started in 1791, not 1913. There was a period during which there was no central bank and it was a time when people had no idea what paper money was worth: en.wikipedia.org -- Carl