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Ahh.. the hypocrisy of the American government. They continually accuse other countries of manipulating their currency, of creating fake stock markets, of all
by blackrock 6y ago
Ahh.. the hypocrisy of the American government.
They continually accuse other countries of manipulating their currency, of creating fake stock markets, of all kinds of financial shenanigans.
And then, when crisis hits America, 3 times in the past 20 years! What does America do? The exact same thing that they accuse other countries of doing.
You should realize that by doing this, that America will never return to a normalized system, where homes are affordably priced for the average American.
What ever happened to the invisible hand of the free market? It was all just a lie. Welcome to the Ponzi scheme, called the American financial system.
- maxk42 6y agoThe Federal Reserve is not a part of the government. It's a private entity.
- chrisco255 6y agoIt was. At some point the Treasury and the Fed "merged" for all practical intents and purposes. There is no longer a clear separation of banking and state. It's fuzzier by the day. But ultimately, this is what power does. It consolidates. It corrupts. Decentralization is the only counterweight to the corrosive effects of power. The power to print money at will...it will prove to be our economy's undoing.
- apta 6y agoWhich is so ironic to leave the economy of a country up to the whims of a private entity, where the people running it indulge in parasitic and immoral practices (interest/usury) to always profit off of the backs of people.