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It's not the Federal Reserve. That's one of the few institutions left that are run by humans! The lizard people are spreading conspiracy theories about it bec
by badsock 10y ago
It's not the Federal Reserve. That's one of the few institutions left that are run by humans! The lizard people are spreading conspiracy theories about it because that's the last unimpeachable bulwark of human resistance. And you fell for it!
There is no complex situation that can't simply be explained by humanoid, human-skin-wearing alien creatures. For example:
* Bad economy: Lizard people siphoning off a secret "lizard tax" at the highest levels of government which they then spend on their giant underground lizard carnivals. Fun for them, but disasterous for our jobs.
* Crime: Lizard people sneak into toddler's bedrooms at night and tell them story after story of heroic muggers. They brainwash children to believe that people who take others money at gunpoint are in fact the ones who will end up saving civilization. From what? The very same problems that the lizard people create!
* Global warming: Doesn't exist! The lizards have been stealing mercury from thermometers for centuries.
See, it's obvious if you just think for yourself and do some searches on the internet for "simple theories that explain everything".
- chiaro 10y agoChrist, tell me about it. The presence of one fiat/debt conspiracy theorist in the comments is far less troubling than the collection of commenters seemingly amazed at his insight. Let's not even get into the the smug myopia of Murray "legal obligations to feed and clothe children are state oppression" Rothbard that is also getting trotted out. Fiat currency is, of course, an improvement over previous precious metal-backed currencies. When you can't control the price of gold (or worse, leave the value of your currency as subject to private or foreign manipulation) prices become much more volatile, making it difficult to operate in the economy with much certainty. Fiat currencies also allow for the impact of recessions to be lessened by (for example) lowering the interest rates for the inter-bank loans it provides thus encouraging savings to be redistributed as consumption. The fact that the bank is privately owned is both due to a need for independence from the political process (see Zimbabwe for exhibit A why this is a bad idea), and a relic due to the fact that banknotes were issued by a number of different institutions until it was decided that these competing standards should be replaced by one with authority vested in and financially backed by the state. The Ascent of Money by Niall Ferguson is an easy book to get acquainted with the story and evidence supporting fiat currencies today.
- lovich 10y agoI had never heard of Murray Rothbard before and looked him up thinking your description of him must be hyperbole. I am appalled at almost everything I'm reading. Selling children, women's suffrage being a bad thing because it let "lesbian spinsters" vote, the Union being morally wrong to fight the south over slavery because it was the souths property rights? If someone had told me these views were held by a major influence in the libertarian party I would have assumed they were some partisan with an agenda telling me lies about libertarians. Thank you for showing me some new information