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It always seems to me the Federal Reserve is largest Ponzi scheme that has gone unreported since 1913?
by chad_strategic 5y ago
It always seems to me the Federal Reserve is largest Ponzi scheme that has gone unreported since 1913?
- chad_strategic 5y agoDown voters: Please make sure you truly understand the concept and history of money, currency, fiat currency, gold and how the Federal Reserve actually works and is structured. FOMC board members are not elected by the people, yet they control interest rates and the money supply. They are not the federal government and they maintain their own balance sheet of debt. They do have a little oversight from Congress but well Congress likes low interest rates. When low rates become a problem, they will more than likely be out of the office. They also allow America to finance our endless wars with low interest rates. Digital currency are the product of governments debt load and overspending. Feel free to pick up a good book on prime day: https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserv...
- echelon 5y agoThe fed has nukes and a blue water navy. Not to mention millions of hard-working citizens solving the world's problems.
- deleted 5y ago[deleted]