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Yeah and the 2008 bailout of finance firms was not a scam... Then the Fed creating money out of thin air and using it to buy up toxic assets from these very sam
by grosjona 9y ago
Yeah and the 2008 bailout of finance firms was not a scam... Then the Fed creating money out of thin air and using it to buy up toxic assets from these very same finance firms (aka 'quantitative easing') is not a scam either...
Also I find it highly suspicious that they don't teach this in schools. Money is one of the most important things to mankind and yet schools don't teach is anything about where it comes from... When people finish school, they know a lot about sport, art, philosophy and even religion but they know almost nothing about money (except how to count it).