4 ms·
I don't think you understand how catchy phrases work. You don't make your phrase 50 words long to accurately convey your thoughts or it will never catch on. The
by ImJamal 2y ago
I don't think you understand how catchy phrases work. You don't make your phrase 50 words long to accurately convey your thoughts or it will never catch on. The majority of those advocating for ending the fed are Austrian economics supporters who consider the Fed, and the things they are involved with, to be things that need to end and use the phrase end the fed to encompass all of that.
- chowchowchow 2y agoHeh. I think it’s more likely most people saying that don’t really know what it’d entail. For instance without our current banking and financial system you’d have to pay banks to look after your money, if all they were allowed to do with it was hold on to it. This would have a similar drag on your principal as inflation does on buying power.